Speak rubbish

O Rajagopal, the lone BJP member of Kerala Assembly speaking  that the co-operative banks in the state have become a safe haven to convert black money into white, is rubbish. In Kerala no banks other than cooperative banks cater the need of people of low income group. No other bank could claim such a popular support. If any person has back money in co-operative bank it could be investigated  and action could be taken. Interestingly, it is hi-tech banks whom the RBI had given permission to exchange currency, are involved in most of black money deals .

Demonetisation move of the Centre is a novel attempt to curb the use of black money but it should not be by putting poor man into utter difficulty. Co-operative institutions are the back bone of majority country men and hence any attempt to paralyse its function, is intolerable.  

K A Solaman