We will fetch back mire funds from overseas in 100 days: L K Advani

NDA (National Democratic Alliance) would bring back slush funds, estimated at $140 billion, stashed in foreign banks, within 100 days if voted to power, BJP(Bharatiya Janata Party) leader L.K. Advani promised Friday.

Addressing the media in the country's commercial capital, Advani said the Bhartiy Janta Party had set up a special task force to ascertain the entire gamut of issues of Indian slush funds hidden in foreign banks, including Swiss banks.

'The four-member task force has already submitted its report. Not just the Swiss banks, there are nearly 75 tax havens worldwide which are used to stash slush monies,' L K Advani said.

L K Advani also called for a 'national consensus' to bring back the huge amounts, said to be secreted in secret accounts in foreign shores, which could help the country's economy and security.

This flight of capital from a developing country to developed countries had caused great damage to the nation's economy and security, according to Advani.

'This has prompted us to go in such a forthright manner on this issue,' L K Advani said. He said the US administration under President Barack Obama was planning legislation to target tax havens. Urging India not to remain a 'mute spectator', L K Advani said India needed to come up with similar initiatives. Best Luck L K Advaniji……….

Narendra Modi is not my competitor

BJP’s prime ministerial candidate L K Advani has said Gujarat Chief Minister Narendra Modi was not his "heir apparent" or a competitor although he may be party's most popular leader right now.

In an interview whether Modi was 'standing above the other leaders of the second generation in the BJP' and if he was 'heir apparent', Advani replied, 'No, I would not say so, especially when we have string of chief ministers who have been performing so well.'

To a question as to whether the Gujarat chief minister was the most popular leader after him, Advani replied, 'Why after me? He may be the most popular leader right now.'

The 82-year-old also sought to downplay the 'youth card' saying, 'I do not attach much importance to the so-called youth card. I do not think age is a handicap as long as one is fit. There is experience you bring with age.'

Describing the party's approach in 2004 general elections as 'complacent' due to 'overconfidence' resulting in major debacle, the former deputy prime minister said: 'Now I say it is a good thing for the party that the overconfidence has gone. The defeat in the Rajasthan and Delhi assembly elections are also something that makes us works harder.'

However, he did not give further details. He also totally ruled out any possibility of Congress-BJP tie-up, saying: 'I don't think it is in the realm of possibility in our country now.'

But Advaniji, my suggestion is: please BE CAREFULL from Narendra Modi..