SC satisfied with SIT probe on black money
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SC satisfied with SIT probe on black money

The Supreme Court on Wednesday said 'some progress' has been made by SIT which has initiated steps for bringing back black money stashed away by Indian citizens in foreign banks.

india Updated: Aug 21, 2014 01:12 IST
black money,SIT,foreign banks

The Supreme Court on Wednesday expressed satisfaction at the progress made by the special investigating team (SIT) under the chairmanship of its former judge Justice MB Shah to monitor black money cases.

A special bench headed by justice HL Dattu took SIT’s first report on record and told the petitioner senior advocate Ram Jethmalani and his counsel, senior lawyer Anil Diwan that the panel had made satisfactory progress.

“It’s purely confidential. All we can say is that there is some progress,” the bench told Diwan when the latter asked for a report’s copy.

The court directed the Centre to look into Jethmalani’s claim that Germany had shared vital information with the Indian government on those who had stashed blackmoney in LGT Bank in Liechtenstein. Jethmalani said the German authorities had shared this news with his attorney there after the senior counsel wrote to them asking for the details.

Jethmalani’s letter, a copy of which was also annexed with the SIT report given to SC, appealed to the German administration to reveal the details of all the Indians who stashed black money abroad.

Justice Dattu’s bench asked additional solicitor general Neeraj Kishan Kaul to appropriate instructions on Jethmalani’s claim to make a statement before the court on November 11 the next date of hearing.

First Published: Aug 20, 2014 19:38 IST