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Mayawati defends deposits of over Rs 104 crore; Asks BJP to come clean on its political funding
The Enforcement Directorate (ED) has detected cash deposits worth more than Rs.104 crore in an account belonging to Mayawati-led Bahujan Samaj Party (BSP).

The ED has also detected Rs.1.43 crore in an account belonging to Mayawati's brother Anand Kumar. The deposits were detected by the ED while it was conducting searches on an undisclosed branch of the Union Bank.

The Bharatiya Janata Party (BJP) has asked the BSP to come clean on its political funding.

BJP spokesperson GVL Narsimha Rao said that this deposit exceeds the limits prescribed and must be looked into by the Enforcement agencies.

"So, if more than 100 crore has been deposited in BSP's accounts, the party will possibly have to provide answers as to what is the source of this money. The Enforcement agencies fear that a lot of unaccounted money, illegitimate money, money from which taxes have not been paid is being laundered into different accounts," Rao said.

Defending the deposits, Mayawati in a Press Conference held in Lucknow, said, "This is party money and was deposited in the office. BSP followed rules and as per its procedure deposited this money in banks. The entire money is accounted for."

She also defended her brother claiming that the money deposited by him is legitimate and has come from a legitimate business.

Mayawati instead asked BJP to come clean on its political funding and said that the BJP was "misusing its power and trying to malign the image of her party before the elections in Uttar Pradesh."

She also challenged BJP to reveal all bank deposits made by the party in the 10 months prior to November 8 decision of banning the Rs 1,000 and Rs 500 currency notes.

As per reports, the accounts had been detected in a branch of the United Bank of India (UBI) in the national capital.

To investigate the accounts, the ED has sought along with details about the accounts, the CCTV footage and the KYC documents used to open the accounts.

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