Falsehood Of A 'Clown Prince', Arun Jaitley Slams Rahul Gandhi Over Rafale, NPAs

| September 21 , 2018 , 08:13 IST

Union Finance Minister Arun Jaitley lashed out at Congress President Rahul Gandhi in a Facebook note on Thursday, titled 'Falsehood of a Clown Prince'. In the write-up, Jaitley slammed Rahul Gandhi for his repeated allegations on the Rafale defence deal and rising NPAs (Non-Performing Assets).  

"The campaign of falsehood is entirely led by the Congress President. His strategy is simple – concoct a lie and repeat it as many times. This, at least, provides him some concocted material for his statements/speeches for otherwise an issueless Congress," said Jaitley.

"To each of the Rafale questions raised by me, there has been no reply. In mature democracies those who rely on falsehood are considered unfit for public life. Many have been banished from political activity because they were caught lying. But this rule obviously can’t apply to a dynastic organisation like Congress Party," he wrote.

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"If the ‘Rafale concoctions’ were the first big lie, the second one stated repeatedly is that Mr. Modi waived off rupees two lakh fifty thousand crores of fifteen industrialists. Every word of that sentence repeatedly uttered by Rahul Gandhi is false," the finance minister said.

"Firstly, these amounts were lent by the banks prior to 2014. Secondly, the UPA Government, in order to conceal these loans despite the default, kept rolling over the loans. These loans were ever-greened. Today the UPA leaders stated that when they went out of Government, the Non-Performing Assets (NPAs) were only Rs.2.5 lakh crores. The truth is that actually NPA s were hidden under the carpet," he said.

"In 2015, an asset quality review was conducted by the Reserve Bank of India and as a result of AQR and subsequent transparent recognition by banks it was found that the NPAs were actually Rs.8.96 lakh crores and the real amount was being hidden," Jaitley continued.

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"The truth, Mr. Rahul Gandhi, is that your Government allowed the banks to be looted. The loans were inadequately securitized. Your Government was in complicity. The recoveries are being done by the banks only now. By repeating a lie on several occasions, you can’t change that reality," he said.

"You lied on the Rafale deal, you lied on the NPAs. Your temperament to concoct facts raises a legitimate question – do people whose natural preference is falsehood deserve to be a part of the public discourse. Public discourse is a serious activity. It is not a laughter challenge. It cannot be reduced to a hug, a wink or repetition of falsehood. The world’s largest democracy must seriously introspect whether public discourse should be allowed to be polluted by the falsehood of a ‘Clown Prince’," Jaitley wrote.

On August 23, Arun Jaitley resumed as Union Finance Minister after a 3-month break necessitated by a kidney transplant.