Prime Minister Narendra Modi on Saturday asserted that those holding unaccounted money would not be spared. Addressing the Indian community in the Japanese city of Kobe, Modi said, “after the end of this scheme, there is no guarantee that something new will not be introduced to punish you (black money hoarders),”.

He assured the people that money that has been looted will be brought back and that the rules will be the same for everyone. “I will check records since independence. If I come across unaccounted cash, nobody will be spared,” said ...