Welcome to SPN

Register and Join the most happening forum of Sikh community & intellectuals from around the world.

Sign Up Now!
  1.   Become a Supporter    ::   Make a Contribution   
    Target (Recurring Monthly): $200 :: Achieved: $98

India Supreme Court Appoints SIT to Probe Black Money

Discussion in 'Breaking News' started by Archived_Member16, Jul 4, 2011.

  1. Archived_Member16

    Expand Collapse
    SPNer Contributor

    Jan 7, 2005
    Likes Received:
    July 4, 2011

    Supreme Court appoints investigation team
    headed by retd judge to probe black money

    Dhananjay Mahapatra, TNN | Jul 4, 2011, 01.14pm IST

    The Supreme Court on Monday appointed Special Investigation Team (SIT) headed by a former SC judge to probe black money issue. Former SC judges - Justice B P Jeevan Reddy and Justice M B Shah - will be the chairman and vice-chairman of the SIT. The team will also include chiefs of the Intelligence Bureau (IB) and Research and Analysis Wing (RAW). The SIT will file first status report in the third week of August.

    The apex court slammed the government for its lethargy in getting the black money back. The court asked the government to disclose names of foreign bank holders against whom I-T proceedings have been concluded. It also told the government that it could not have agreed with other countries under double taxation avoidance treaty not to disclose names of foreign bank account holders who have deposited illicit money abroad.

    The Supreme Court also severely criticized the government's delay in probing black money, Hasan Ali Khan and others and said this was not only against the constitutional mandate but also akin to putting national security in danger.

    source: http://timesofindia.indiatimes.com/...-to-probe-black-money/articleshow/9097788.cms
  2. Loading...

Since you're here... we have a small favor to ask...

More people are visiting & reading SPN than ever but far fewer are paying to sustain it. Advertising revenues across the online media have fallen fast. So you can see why we need to ask for your help. Donating to SPN's is vote for free speech, for diversity of opinions, for the right of the people to stand up to religious bigotry. Without any affiliation to any organization, this constant struggle takes a lot of hard work to sustain as we entirely depend on the contributions of our esteemed writers/readers. We do it because we believe our perspective matters – because it might well be your perspective, too... Fund our efforts and together we can keep the world informed about the real Sikh Sikhi Sikhism. If everyone who writes or reads our content, who likes it, helps us to pay for it, our future would be much more secure. Every Contribution Matters, Contribute Generously!

    Become a Supporter      ::     Make a Contribution     

Share This Page