New Delhi: Prime Minister Narendra Modi on Sunday warned unscrupulous elements not to play with the lives of the poor by depositing illegal money into their accounts as stringent law against benami transactions were in place to deal with them, as he asked the youth and other sections to move towards a “cashless society”.
“Even now, some people think they can bring their black money, the money earned through corruption or the one which is unaccounted for, back into the system through illegal means.
“Unfortunately, they are misusing the poor for this purpose by misleading them,” Mr Modi said in his first Mann Ki Baat after he announced the demonetisation move.
“A very stringent law to deal with benami transactions is being implemented, that will make such things (transactions) very difficult. The government does not want the people to face such difficulties,” he said in a veiled warning.”
Hoarders scouting for illegal ways; Modi
However, wrong practices have become so entrenched that some people were still not mending their ways, he said, adding “these people are trying to find ways to again bring their ill gotten wealth, black money, benami and unaccounted cash back in to the system. They are scouting for illegal ways to save their black money and unfortunately even in this pursuit they are looking to misuse the poor.”
