The Assam Pradesh Congress Committee (APCC) is facing severe cash crunch which is impacting the party’s campaigning for the upcoming Lok Sabha elections.
Senior APCC spokesperson and war room chairman Mehdi Alam Bora talking to GPlus said, “Our accounts do not have funds and the national committee cannot send us funds, because their accounts are frozen.” He added that the state committee is facing serious cash crunch which is impacting the campaigning process in the state.
Click here to join our WhatsApp channel
Bora said that the party’s candidates do not have the funds to be able to spend up to the limit of Rs 95 lakh each set by the election commission.
Talking about the state committee accounts, Bora said, “There are no funds in the state committee accounts to help the candidates.”
Bora said that there is not enough cash for even small works like printing of flex, banners, posters and hoardings.
Meanwhile, Assam Congress president Bhupen Kumar Borah on Sunday appealed to the masses to contribute funds for party candidates contesting the Lok Sabha elections, claiming the organisation was facing an acute financial crisis due to the sealing of its accounts.
In a video message on X, Borah said that the situation would take a dire turn if the party’s accounts were not opened through legal recourse, which the party has sought.
The national Congress on Saturday said that it had received fresh notices from the Income-Tax department for the assessment years 2014-15 to 2016-17 raising demands of Rs 1,745 crore. This together with the notice for assessment years 1994-95 and 2017-18 to 2020-21 takes the total demand to Rs 3,567 crore.
The string of notices follow the I-T department’s raids prior to the 2019 Lok Sabha elections where it claimed to have traced “unaccounted transactions” of Rs 523.87 crore. On March 22, the party had lost in the Delhi High Court a challenge to the search operations conducted by the I-T department. The party had argued that these were “time-barred” and a “delayed action”.
Also in March this year, the Congress party lost its appeal before the Income-Tax Appellate Tribunal (ITAT) where it had sought a stay on withdrawal of Rs 135 crore from its bank accounts.
