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Tuesday, October 28, 2014

NDA Govt submits Black-Money A/C Holders List to Supreme Court of India Wednesday Oct 29,2014

The NDA Govt led by Narendra Modi has submitted a list of names of 627 black money account holders to the Supreme Court.

 
The SC after receiving a sealed list of 627 Indians with accounts in HSBC Bank, Geneva, asked the Centre to raise all its bilateral, international agreement obligations - and confidentiality clause-related grievances before the SIT, which has two retired SC judges – Justices M.B. Shah and Arijit Pasayat as chairman and vice- chairman respectively.

The court refused to open the sealed envelope saying that only the SIT Chairman and Vice Chairman can open the sealed envelope containing the names of account holders.

The list has names, account numbers and the amount of money in each account. The apex court has now directed the SIT to submit a status report by November 30.

Attorney General Mukul Rohatgi said that the list has been provided by the French government of those who have accounts in the HSBC Bank, Geneva.

Attorney General Mukul Rohatgi said, "The deadline for completion of all investigations into the black money cases is March 31, 2015."

The Attorney General added that the maximum people in the list are residents in India and rest are NRIs.

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