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Centre submits details of foreign account holders to SC
October 28, 2014byEditorialEditorial
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Centre submits details of foreign account holders to SC

The union government has furnished a comprehensive list comprising names of 627 Indian nationals with foreign bank accounts in a sealed cover to the Supreme Court on Wednesday in a sincere attempt to retrieve black money hoarded abroad.

Three sets of dossiers handed over to the SC by Attorney general Mukul Rohatgi.

The move comes a day after the Supreme Court admonished the union for "shielding foreign bank account holders?"

The Apex Court on Tuesday had directed the Modi-led government at center to submit in sealed cover names of all Indians holding accounts in foreign banks by Wednesday hinting that it suspected the union’s intent to get into the bottom of black money stashed abroad and taking steps to bring it back.

"Whatever information you have received from foreign countries, pass it on to us. We will ask the CBI or some other agency to investigate and give us a report. Don't ask us to modify the earlier order (to reveal all the names). We will not change a word of it (the order). We take the responsibility of investigating the entire issue. We will ensure confidentiality of investigation," a bench comprising Chief Justice H L Dattu, Justices Ranjana P Desai and Madan B Lokur had said.

 

Category :India
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