Won’t divulge black money names, reiterates Centre to SC
Jan 20 (Agencies): The Modi government has decided not to divulge details of the 627 account holders being probed in the black money case.
On Monday, the centre filed an affidavit in the Supreme Court asking it to dismiss senior advocate Ram Jethmalani’s petition that seeks details of the 627 Indians who are under the scanner, reports The Indian Express.
The Modi government made it clear that it won’t divulge further details of the Indians with accounts in HSBC bank, Geneva as it was not permissible.
The case will be heard today on Jan 20 by a bench headed by Chief Justice H L Dattu.
Currently, a Special Investigation Team (SIT) is probing the black money case.
Earlier on Oct 26, 2014, the Centre had named three prominent businessmen including Pradip Burman, formerly of Dabur group, Goa-based miner Radha S Timblo and Bullion trader Pankaj Chimanlal Lodhya in the black money case.
It also told the court that it had no intention to withhold names of persons who have stashed black money abroad and that information received from foreign countries will be disclosed in all cases where tax evasion is established.
According to Swiss National Bank’s latest data, the total money held by Indians in Swiss banks as on December 2013 was around Rs 14,000 crore.
The Modi government has promised to crack the black money case soon.
