In a letter to Modi,the Congress leader said "there was a serious issue with regard to attempts by the union Government to involve the company to work in tandem with the Centre in expanding its operations in India and printing plastic notes."
Though the matter was raised in public, there has been no response from the Centre and Finance Minister Arun Jaitley had reportedly stated that his ministry was no way connected with the company, he said.
"How a company reportedly blacklisted is able to establish an office in India and work closely with the Union Commerce Department, Government of India, is suspicious," he said.
Chandy raised seven points on the matter, including whether any financial transactions or collaboration had existed between the union Government and the company and sought a probe on it.
Congress leader and AICC representative K V Thangkabalu, state coordinator for taking up agitation connected with demonetisation, said the Congress leadership would take up this issue in the national level.
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