Bangalore: So says Lokayukta santhosh hegde, who know Law as the back of his hand.
The black money in circulation is nearly 50% say economists who know money and it value in society. The Indian rupee has lost its value so much that it is not worth 10 Paise, when the inflation in food items prices is in double digits and above 155. Even rupee change is not in circulation. Four anna (25 Paise) coins hardly exist, and the half of rupee (50 Paise) coin needs protection like a dying tiger needs a protected forest with water and prey animals. If one rupees and Rs.100 are the only 2 to exist as money finally, all other coins and notes have to come round in terms of Re.1 and Rs.100. This is Arama being made  Sakrama or legal tender.
Santhosh Hegde (retired justice of Supreme Court after being Advocate-General) says that such a scheme of regularizing what is illegal as legal is corruption.
It is like legalizing money that has no value, such as the underhand money paid in real estates, where actual amount is more than true market value written down.  This practice is now carried on in every real estate deal, the actual paid amount is ever and above what is due or true value.
Akrama deal is an illegal deal, whether it is an small as an arecanut or as big as an elephant, in both cases the deliver is a cheat and punishable. How can a ruling govt. make legal what is illegal? How can black be white by washing even a dog?
LA Hegde demanded “zero” tolerance (or no tolerance) against corruption, which inflates prices and legalizes illegal materials. The purpose is not served by whitening a black coin. The BJP govt., was plainly trying to legalise what are illegalities. Legal tender is the same for all. It does not change colours, he meant to say, he told Pressmen in Bangalore on Feb.