Party state president Kummanam Rajasekharan said Vijayan had come up with such an allegation due to "anxiety" over recent reports that black money was deposited in huge amounts in the state's cooperative sector, controlled by the ruling CPI(M).
Rajasekharan alleged that CPI(M) was the one who protected black money hoarders and it was trying to sabotage the Centre's demonetisation policy to shield them further.
He also said Vijayan was not just a CPI(M) leader now but the Chief Minister of the state and so his remarks should befit the position he holds.
He also criticised opposition leader Ramesh Chennithala who reportedly compared Prime Minister Narendra Modi with erstwhile Mughal ruler Tughlaq.
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If Congress party had ruled the country effectively in the last 60 years, there would have been no need for Modi to take such a decision, Rajasekharan said.
Earlier in the day, Vijayan had questioned the Centre's claim that demonetisation was to check black money, saying there were reports that black money lobbyists had got prior information about scrapping of the higher denomination notes.
He also alleged that "somebody" close to the Union government, had received prior information about banning of the notes and got opportunity to take precautionary measures.
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