This Article is From Dec 18, 2016

AAP Asks Congress, BJP To Come Clean On Their Funds, Reveal Donors

AAP Asks Congress, BJP To Come Clean On Their Funds, Reveal Donors

Raghav Chadha alleged that political parties have become a toolto convert black money into legal currency

New Delhi: The Aam Aadmi Party on Sunday accused Congress and BJP of getting most of their donations from undisclosed sources.

In a letter to both the parties, AAP national treasurer Raghav Chadha demanded to know the money deposited by them in old Rs 500 and Rs 1,000 notes in their respective bank accounts, after the Centre's demonetisation announcement.

Finance Minister Arun Jaitley had yesterday said that the parties cannot accept donations in old notes since these bills were junked last month, and clarified that there was no new exemption granted.

The conditional tax exemptions historically given to income of registered political parties continue and no new concession or exemption has been granted either post November 8 decision to scrap old 500 and 1,000 rupee notes or in the last two-and-a-half
years, he said.

Mr Chadha alleged that political parties have become a tool to convert black money into legal currency.

"They (parties) do not give report of donors who pay less than Rs 20,000. Interestingly, your parties are one of those who receive their maximum donation in this form. We demand that names of these donors be made public," he said, adding that the two parties (Congress, BJP) have also been avoiding to come under the RTI.

The AAP leader said at a time when the common man has been under the scrutiny over the funds deposited in his bank account, the political parties are going scot-free.

Mr Chadha also demanded that the two parties get their accounts of over five years scrutinised.

AAP national convenor and Delhi Chief Minister Arvind Kejriwal had yesterday demanded formation of a commission to probe the donations received by political parties.
.