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Not supplying paper for printing of Indian currency: De La Rue

AAP had alleged that the company, which finds mention in the Panama papers leaks, has been given contract for printing new currency.

Published: 10th December 2016 12:28 AM  |   Last Updated: 10th December 2016 12:28 AM   |  A+A-

Currency

Image used for representational purpose only.

By PTI

NEW DELHI:  UK-based banknotes printer De La Rue today clarified that it is in no way associated with printing of currency in India and does not supply currency paper to Pakistan.

Refuting reports that it has been contracted for printing of new Rs 500 and Rs 2,000 notes, the London-listed company in a statement said, "De La Rue is not supplying paper for printing of Indian currency and we are not associated with printing of currency in India at present in any form."

Yesterday, Aam Aadmi Party (AAP) had alleged that the company, which finds mention in the Panama papers leaks, has been given contract for printing new currency.

"De La Rue categorically refutes the defamatory and malicious allegations about its business," it said in the statement.

The company also said it does not supply currency paper and is not printing currency for Pakistan, and "would never supply currency paper manufactured for one country to another".

"De La Rue has received no notice nor are we aware that we are blacklisted in India," it added.

The company warned that it will take appropriate steps to protect its reputation as the trusted currency printer around the world.

It supplies commercial banknote printers to 140 countries.

Finance Minister Arun Jaitley had also rejected AAP's charges, saying his ministry has no dealing with the British company named in the "false" social media campaign.



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