Youth against Corruption protests against price hike and black money

Mangalore Today News Network

Mangalore, Aug 13, 2012 : The Mangalore chapter of the Youth against Corruption organized a protest in front of the DC’s office on August 13, Monday, as part of a nationwide stir against hike in the prices of essential commodities and the black money stashed by wealthy Indians in Swiss banks.

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Suvrath Kumar, state convener of Youth against Corruption, said in his protest address that P. Chidambaram, the union home minister must be arrested for his involvement in the 2G Spectrum scam.

Speaking on the occasion, Deviprasad Shetty alleged that corrupt government officials, politicians, businessmen, and industrialists have stashed away more than Rs. 400 lakh crore in Swiss banks. He also suggested that the Rs. 500 and Rs. 1000 currency notes must be cancelled to prevent corruption in the country. Voicing his opinion on price hike, he said that the government’s economic policy not only puts common people in trouble, but also encourages corruption.

The protestors demanded that the central government must retrieve funds stashed into Swiss banks by unscrupulous and wealthy Indians.

They even submitted a memorandum to the union government urging it to pass a resolution in Parliament to bring back Indian money from Swiss banks.

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