West Bengal Chief Minister Mamata Banerjee on Friday slammed the Centre over increase in flight of money to Swiss bank and blamed this to demonetisation.

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Referring to the report that Indians' money in Swiss banks has risen by 50 per cent in the last one year, Banerjee said that it has happened when the native banks were running on losses.

"Bravo! #DeMonetisation? Swiss Bank money flying. India losing," Banerjee wrote on her Twitter handle this evening.

The TMC chief has been regularly criticising the Centre's decision of demonetisation in November 2016 as part of efforts to bring back blackmoney from foreign banks.

The TMC chief, who has floated the idea of "Federal Front" of regional parties, have been making scathing attack at the BJP-led coalition at the Centre.

She had held public meetings in several states to criticise the demonetisation as part of which high denomination currencies of Rs 1000 and Rs 500 were scrapped.

Meanwhile, Arun Jaitley in his blog attacked Opposition and others who are targeting government over the rise of deposit by Indians in Swiss National Bank (SNB). "A news item has appeared today indicating an increase of money by ‘Indians’ in the Swiss banking system. This has led to misinformed reaction in certain circles raising a query whether the Government’s anti-black money steps have yielded results", he wrote. 

"To assume that all the deposits are per se tax evaded money or that Switzerland in the matter of illegal deposits is what it was decades ago, is to start on a shaky presumption," he added. 

Arun Jaitley informed that Switzerland has amended its domestic laws involving all disclosures and entered into a treaty even with India and real time flow of information with regard to Indians will be made.