Embarrassing That Padma Awardees Figure in Panama Papers: Sharad Yadav

JD(U) chief Sharad Yadav today said it was \"embarrassing\" that the list of account holders includes the names of Padma awardees.

Published: 05th April 2016 03:12 PM  |   Last Updated: 05th April 2016 03:12 PM   |  A+A-

Sharad-Yadav
By PTI

NEW DELHI: Questioning the government's decision to constitute a multi-agency team to look into the leaked 'Panama Papers', JD(U) chief Sharad Yadav today said it was "embarrassing" that the list of account holders includes the names of Padma awardees.    

"A Supreme Court-monitored SIT is already looking into the issue of black money. The leaked Panama Papers should be part of this investigation. It is embarrassing that Padma awardees are among those who have opened such accounts," he said.     

He also attacked corporate houses for "looting" the country in the name of liberalisation and said the annual turnover of some of these was not more than Rs 2 crore in the 1990s but in 25 years rose to more than Rs 2 lakh crore.          

"Has any government ever checked and verified as to how and why certain groups become so wealthy? Even a layman can understand that they cannot become so wealthy without the connivance of the government.

"The (Panama) report has revealed Indians in the global list of (those holding) secret firms in tax havens. "That, in my opinion, is the result of blind liberalisation in our country and big people took advantage by accumulating illegal money abroad," Yadav said in a statement.     

Policies of liberalisation have helped the rich park their money abroad, he said, adding that they had only contributed towards increasing the difficulties and problems of the common man.  

"Liberalisation has only benefited the big business houses and they cleverly misused policies. The government should immediately reveal the truth of black money parked overseas which the had BJP promised before coming to power at the Centre," he demanded.

Stay up to date on all the latest Nation news with The New Indian Express App. Download now
(Get the news that matters from New Indian Express on WhatsApp. Click this link and hit 'Click to Subscribe'. Follow the instructions after that.)

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp