The Indian National Congress (INC), the opposition party, has claimed Bharatiya Janata Party (BJP), the ruling party, involved in laundering “black money” or bitcoins. The Congress demands to hold an investigation in BJP illegal actions under the Supreme Court of India.
Crime Investigation Department said that the fraud is estimated about 723 million US dollars.
It is reported that BJP members used BTC as a “cover” for money laundering and extortion. This Spring an Indian businessman applied to Indian police. He claimed that one of the representatives of BJP demanded a bribe from him at the amount of 200 bitcoins (about $2 million) and wanted to get 32 Rs ($4.6 million) in cash as well.