Bangaru Laxman was ahead of times, he preferred dollars

Mourning the death of big notes? Here’s a sample of their public appearances

GN Bureau | November 9, 2016


#Congress   #BJP   #politics   #corruption   #black money   #Currency notes  


Harshad Mehta

The superhero stock-broker dropped a bomb in July 1993, when he told a press conference that he had paid prime minister PV Narasimha Rao a bribe of Rs 1 crore, for relief in the securities-scam probe against him. With lawyer Mahesh Jethmalani sitting next to him, Mehta gave a demonstration with a large attache – supposedly similar to the one given to Rao.

The charge was not proved. Some also doubted if any attache can store one lakh notes – there was no Rs 500 note back then. Some also thought the Rs 1 crore figure was too ridiculous for an allegation against a prime minister.

 Bangaru Laxman

The first sneak peek we Indians got of what our dear high-denomination notes are doing when we are not looking. In a controversial sting operation, Tehelka magazine caught then BJP president Bangaru Laxman happily accepting a wad of cash – Rs 1 lakh in currency notes of Rs 100 only – from the journalist who posed as a defence-deal middleman. That was just for the “new year party”. For “party donation”, he promised Rs 5 lakh. But what will we do by banning Indian currency, when Laxman preferred to receive the promised amount in dollars?

 Cash for query

Another sting operation found several MPs willing to raise in parliament whatever question you want to as long as you paid for it. Eleven MPs – five from BJP – were expelled from parliament in a move LK Advani called “capital punishment” and “not commensurate with their crime”.

Cash for vote


We had to wait till 2008 for the first appearance of wads and wads of currency notes inside the parliament house. A group of BJP MPs alleged that the Manmohan Singh government had bribed them to survive the no-confidence motion after the Left withdrew its support over the nuclear deal and reduced it to minority. The government indeed survived the vote. Something must have happened, but exactly what transpired has not been proved. For record, Pappu Yadav writes in his autobiography that before the trust vote, both the UPA and NDA "approached" him, offering Rs 40 crore each to his party’s MPs.
 

Comments

 

Other News

Stories to read over the weekend

At one time these pale rooms of the Delhi commission for women looked like sleepy corners of officialdom; they are now best described as a bustling sarkari office. The woman who transformed this moribund organisation hardly looks like a powerful leader. Dressed in casual blue jeans and loose deni

Tata Trusts, PFA to build state-of-the-art veterinary hospital

Tata Trusts and People For Animals (PFA) announced their collaboration to build a state-of-the-art, multi-specialty veterinary hospital and emergency clinic at Navi Mumbai to serve the needs of all domestic and farm animals at affordable rates.   The hospital will be built in Kala

The shot just got smarter

A long queue of women, infants in their arms, extends outside the immunisation room at the community health centre (CHC) in Bhangel village, Noida, a pink double-storey building beside a bustling market. Unmindful of the chit-chatting and baby babble, Mariamma Samuel, an auxiliary nurse-cum-midwi

Do you think fugitive industrialist Vijay Mallya will be extradited from Britain to India?

Do you think fugitive industrialist Vijay Mallya will be extradited from Britain to India?

Reform first, privatise later: Bibek Debroy to railways

Before privatisation and corporatisation, the Indian Railways need to undertake major reforms including commercial accounting, decentralisation and human resource among others, said Bibek Debroy, economist and member, NITI Aayog at Railways Reforms and Governance Conclave organised by Governance Now on Fri

NTPC plans for 32 GW installed capacity via renewable sources

NTPC Ltd has raised Rs 2,000 crore through green masala bonds in overseas market under its $4 billion medium term note programme, union minister Piyush Goyal informed the Lok Sabha. The proceeds of these bonds will be used for financing renewable energy projects in accordance with applicable

Video

हमेशा रहें चुनाव के लिए तैयार - मोदी ने कहा सांसदों से

Current Issue

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter