India: Senior Opposition Member Demands Probe Into 'Mega Bitcoin Scam'

An official from Indian opposition party the Indian National Congress has demanded a probe into a "Mega Bitcoin scam," The Hindu reports July 5.

The scam supposedly involves leaders of the majority Bharatiya Janata Party.

Senior INC member Shaktisinh Gohil alleged that BJP officials were complicit in a "Multi-layered" scam to launder money, which he claims the Criminal Investigation Department of Gujarat have estimated at Rs 5,000 crore, or about $723 million.

Gohil said that BJP members used Bitcoin as a "Cover-up" for money laundering and extortion.

According to Gohil, the scam came to light in April when Indian businessman and builder Sailesh Bhatt filed a complaint against Gujarat's Amreli district police claiming they extorted 200 bitcoins and demanded Rs 32 crore in cash.

The CID subsequently launched an investigation, wherein several officials were arrested, including Amreli district police superintendent Jagdish Patel.

Gohil accused the Modi government of turning a blind eye to the alleged scam, saying, "It is intriguing that the Modi government sends... authorities to hound Gujarat Congress MLAs as well as Karnataka Congress candidates during elections when the code of conduct is on. But it does not bother to investigate this"Mega Bitcoin Scam.".

The Gujarat Pradesh Congress Committee suggested in a recent tweet that the government refuses to investigate the case in order to "protect themselves.

"Modi says a lot about "Na khaunga, na khane dunga", yet his govt is not investigating this mega Bitcoin scam.

Are they not investigating so they can protect themselves?? Why are they keeping the people of India in dark about such a huge scam?!".