Nothing new on foreign bank account holders' list, says SIT chief

On Wednesday morning, a list of 627 names of account holders in foreign bank was submitted to the supreme court in a sealed envelope

GN Bureau | October 29, 2014



Illustration: Ashish Asthana

After the submission of the list of black money account holders to the supreme court (SC), head of the special investigation team (SIT), justice MB Shah said there is no new detail in the report.

According to a news report on IBNLive, Shah said: "I don't think there is anything significant in the report. The list is the same as before. It was known to us. We have to question the people in the list."

On Wednesday morning, a list of 627 names of black money account holders was submitted to the supreme court in a sealed envelope.

The list submitted by the Narendra Modi government has names, account numbers and the amount of money in each account.

The apex court, however, refused to open the list saying that only the special investigation team (SIT) chairman and vice-chairman can open it. It has directed the SIT to submit a status report by November 30.

Attorney General Mukul Rohatgi said the list has details of those who have accounts in the HSBC Bank Geneva, and is provided by the French government. He said the deadline for completion of all investigations into the black money cases is March 31, 2015. Most of the people in the list are Indian residents while the rest are NRIs.

Ram Jethmalani who had accused the Narendra Modi government of going back on the stand taken by UPA regime for disclosing all information and documents supplied by Germany on unaccounted money parked by Indians in Liechtenstein Bank, told reporters minutes before the list was submitted in the court: “When intentions aren't clear, people start finding excuses, let's see what happens in the court today.”

Earlier, finance minister Arun Jaitley had issued a statement saying that the government would submit all the names and that the probe should be done without offending countries that are helping India on the matter.

The list has been submitted a day after the SC pulled up the centre and asked it to reveal names of all the foreign account holders.

Comments

 

Other News

Stories you must read over the weekend

Joseph A Cannataci is the UN’s first and current special rapporteur for the right to privacy appointed by the Human Rights Council (HRC) in July 2015. His appointment came with growing global concerns about threats to privacy in the digital age where governments and big corporations collect mass da

When Jaitley sparred with Chidambaram

This is what Arun Jaitley had to say:   We want to take action which may either want to have an assault on what is the shadow economy or the parallel economy itself. Let us take this example of what everybody has commented on Section 132. Section 132, in simple,

One country, one tax from July 1

 After an intense seven-hour-long debate in the Lok Sabha, the cabinet gave a nod to the Goods and Services Tax (GST) Bill. A green signal has also been given to the four crucial supplementary bills; Central Goods and Services Tax (CGST) Bill, Integrated GST (IGST) Bill, Compensation GST (compensation

Indian team’s internet access to villages gets global recognition

 A successful effort to take high speed internet to over six lakh Indian villages by an IIT Bombay team failed to get support from the government. But, the same indigenous television white space technology developed by the team has now won Mozilla Corporation’s ‘equal rating innovation cha

DJB unveils Yamuna river project

Delhi Jal Board, in collaboration with University of Virginia on Thursday unveiled the Yamuna River Project with a symposium cum exhibition as a part of the overall effort to map out an expansive, multidisciplinary prescription to clean Yamuna. The discussion opened on the lines of eradicati

UJALA scheme: Over 22 crore LED bulbs distributed

  Over 22 crore LED bulbs have been distributed by Energy Efficiency Services Limited (EESL) under UJALA scheme, union minister Piyush Goyal informed the Lok Sabha.   The minister said that the National LED programme, called Unnat Jyoti by Affordable LEDs for

Video

Current Issue

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter