Senior AAP leader Sanjay Singh told a press conference that the proposed Rs 2,000 currency notes -- to be put in circulation soon as a replacement -- will give a push to the black money market.
Earlier in the day, Finance Secretary Ashok Lavasa said that the new hard-to-fake Rs 500 and Rs 2,000 currency notes will be available at bank ATMs when they start operating again from Friday.
"This overnight decision is nothing but Tughlaki diktat. How are you going to curb black money when you are allowing people to have bigger currency notes to carry out illegal transactions," Singh said.
The indication that the party was going to oppose the move came last night when Chief Minister Arvind Kejriwal shared his Bengal counterpart Mamata Banerjee's tweet, where she demanded that the decision be rolled back.
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"Earlier, they (terrorists) were making fake notes of Rs 500 and 1,000, now you are giving them an option of making fake notes of Rs 2,000. How does it solve the problem?" Singh asked, dismissing the arguments of checking terrorism and drug trafficking through demonetisation as a "joke".
"Go to petrol pump, toll plaza, hospital... They all have choked," he said.
AAP also lashed out at the Centre for not taking actions against liquor baron Vijay Mallaya and tainted former IPL czar Lalit Modi.