NEW DELHI: Congress spokesperson Kapil Sibal in a news conference today accused the government's scheme of demonetisation , claiming that it is a move by the government to write off the non-performing assets of the banking sector by the hard-earned money of the people.While giving reasons for his claims, Sibal said that till now Rs 3 lakh crore has been deposited in the banks and the government in its reply to the Supreme Court said that estimates are that a total of Rs 10 lakh crore will be deposited till 30th December 2016, but the total currency in circulation in the denomination of Rs 500 and Rs 1000 is Rs 16 Lakh crore.Sibal further added that, "This means that a sum of Rs 6 lakh crore will still be out of the system. To clear the balance sheets, RBI will then print that amount of Rs 6 lakh crore and hand it over to the government, which will then be infused into the banks and will write off the NPAs and will benefit the corrupt people who have duped the people of this country"He also questioned how can the people of this country believe in what PM Modi says when they continue to deceive the people since their elections.He, objecting to this move said "If i have legitimate currency which I want to exchange why they're preventing me from exchanging my own money. This is highly objectionable"