SC gives Centre to form SIT within a week on Black money case

SC gives Centre to form SIT within a week on Black money caseNew Delhi: The Supreme Court on today gave the Centre a week’s time to notify a Special Investigation Team to probe black money stashed in foreign banks by Indians.  The SIT will be supervised by two retired apex court judges.

The top court also asked Centre to secure safely all documents and names of Indian account holders in LGT Bank, Liechtenstein, given to India by Germany.  SC asked revenue secretary to keep these documents safe and secure.  SC had directed the UPA government to duvulge details about LGT bank account holders to petitioner Ram Jethmalani.

But the UPA government had filed an application seeking review of the order for divulging this information. On Friday, the government did not seek review and the court sarcastically said now there would be no review of black money related orders.

Bureau Report

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