Supreme Court asks Centre to reveal all names in the #BlackMoney list tomorrow

[JanjaWeed]

Isnt it what congress were also saying??

Congress was saying this plus they filed an appeal in SC to scrap the SIT formation just a day before they demitted the office!

 

[ranjeet]

Arun Jaitley should have handled this issue more carefully, BJP doesn't come out looking much better.

 

[axisofevil]

If I held Congress to every whimisicial point they made, then I would be a fool to ever vote for them again. Look it this way folks, Modi has done more than Congress has ever done. Dont you ever f-king forget that!

 

[JanjaWeed]

Arun Jaitley should have handled this issue more carefully, BJP doesn't come out looking much better.

true.. I'm not entirely sure about the motive of SC either. Then again...part of me also thinks that this could be a blessing in disguise for Modi govt. If they had revealed any Congress or any other politically connected individual's name, they would have been blamed for political vendetta. Now.. if SC makes those name public, no one can blame anyone of political vendetta!

 

[Lipizzaner_Stallion]

Why SC has suddenly become hyperactive ? What was it doing for past many years when Congis had the list ?

 

[ranjeet]

true.. I'm not entirely sure about the motive of SC either. Then again...part of me also thinks that this could be a blessing in disguise for Modi govt. If they had revealed any Congress or any other politically connected individual's name, they would have been blamed for political vendetta. Now.. if SC makes those name public, no one can blame anyone of political vendetta!

SC has it's issues but I was speaking from the political POV, Modi took extremely aggressive stance during his rallies and he MUST have went after them aggressively. Political Vendetta is dead horse now, Political leaders across the party line looted this country far too much to be given any breather. Tell me which other Minister came out on TV and tried to explain what the govt is doing instead of just doing it beside Jaitley? He is old school trying to be good with everyone, but its not going to work no more. This whole episode was a huge let down, and some damage is done but Modi has to make sure no such slip ups happen.

If I held Congress to every whimisicial point they made, then I would be a fool to ever vote for them again. Look it this way folks, Modi has done more than Congress has ever done. Dont you ever f-king forget that!

It's not about Modi but about Jaitley.

 

[Soulspeek]

BJP showed us a non-existing golden coin in ground. While we were busy bending and looking for it, it got behind our back and thumped our asses big time. So much for "kaala dhan"

 

[OrionHunter]

Black money: Who are you protecting, SC asks govt


New Delhi: Rejecting the Centre's stand, the Supreme Court today ordered Centre to disclose all the names of black money holders abroad to it by tomorrow in a sealed envelope and slammed it for reluctance on the issue.

The apex court had some strong words for the new government for seeking modification of its earlier order on disclosure of all names saying this was accepted by the then UPA government.

"Why are you trying to protect people having bank accounts in foreign countries. Why are you providing a protective umbrella for all these people," the SC asked.


Supreme Court of India. Reuters

"The order was passed in open court in the presence of Solicitor General and the new regime can't ask modification of order. We cannot touch our order and we won't change even a word of it," a visibly annoyed Chief Justice HL Dattu, who was heading the bench, said.

Attorney General Mukul Rohatgi's fervent plea that it can disclose names only after conducting probes on illegality of bank accounts was outright rejected by the Bench which asked the government not to do anything but provide all information to it and the court would direct investigation to be done by SIT or any other agencies including CBI.

At the end of a 30-minute hearing, Attorney General said the government has received 500 names of account holders from different countries like Germany.

The CJI asked the Centre not to indulge in any kind of probe by itself and said that investigation would never complete in his lifetime if it is done by the government.

"You do not do anything. Just pass information of account holders to us and we will pass order for further probe," the bench, also comprising justices Ranjana Prakash Desai and Madan B Lokur, said.

"We can't leave the issue of bringing back black money to government. It will never happen during our time," it said adding "Why are you providing protective umbrella to foreign bank account holders?".

The bench brushed aside the contentions of AG that disclosing account holders' names would violate their right to privacy of those who have legitimate accounts and the names can be revealed only after a prima facie case of tax evasion is made out.

"You do not have to take interest in people (having foreign bank accounts). SIT will take care of it," the bench said setting a deadline for tomorrow to place all those names.

The court directed the Centre not to give "one, two, or three names of account holders but the entire list supplied to it by the foreign countries".

The Attorney General tried his best to convince the court that disclosure of names of all account holders could hamper government's efforts to bring back black money as the foreign countries might not give further information on tainted accounts in their territories.

He submitted that the apex court-appointed SIT is not a statutory body which can issue notice to account holders and it can be done only by the IT department. All information has already been given to the SIT, he added.

The bench, however, was not satisfied by his contention.

"We want the names supplied to you by foreign countries. Pass the information to us. You give the information to us. We have taken up the case and are monitoring it. So give us the information and we would pass it to the SIT. The SIT would take the case to its logical conclusion.

"Why are you taking the trouble of a probe? Just give the information to SIT which will conduct the probe," the bench said and observed that it is also "concerned" about the black money stashed by Indians in foreign banks.

Rohatgi also submitted that the government had given an assurance (to foreign entities) that it will maintain confidentiality of the information received on account holders.

If it is disclosed then the Centre would have difficulty in entering into treaties with foreign nations on sharing of data in future on the issue, the AG said.

"Don't give any such assurance. We don't want money of the country to go abroad," the court said, adding, "We have constituted the SIT to bring back the money. So let the government cooperate with the SIT".

The bench said that it will take care when such problems (regarding entering into treaty) arise.

Disclosing eight names including that of Pradip Burman, one of Dabur India promoters, a bullion trader and Goa miners against whom it has started prosecution for allegedly stashing black money, the Centre said in its affidavit yesterday that all the names of account holders cannot be disclosed unless there is a "prima facie" evidence of wrongdoing.

Rajkot-based bullion trader Pankaj Chimanlal Lodhya and Goa-based mining company Timblo Private Limited and its five Directors were among the names that figured in the list which was filed in the Supreme Court by the government.

"The government is committed to disclose names of persons holding illegal money abroad. However, every account held by an Indian in a foreign country may not be illegal and the fundamental right of citizens to privacy under Article 21 of the Constitution cannot be ignored and has been recognised by this court," it said, adding the names and information documents cannot be disclosed even even under a proceedings under Article 32(1) of the Constitution.

It had urged the apex court to modify its earlier order directing it to reveal even the names of foreign bank account holders against whom no evidence was found for stashing black money saying the government would have a problem entering into tax agreements with other countries.

"There is absolutely no intention on the part of the government to withhold information, including names of persons who have stashed black money abroad, but only to seek certain clarification that will enable the government to enter into agreements with other countries under which information relating to unaccounted money lying abroad can be obtained," it had said.

"The information received under these tax treaties and agreements will be disclosed after following the due process of law, in all cases where evasion of tax is established. The intention of the present government is clear and unambiguous."

"The government is keen to unearth black money held abroad and for that purpose it will use all diplomatic and legal means and also all investigating agencies to obtain information that can assist in such unearthing," the affidavit had said.


Black money: Who are you protecting, SC asks govt

Rs 30,000 crores spent on the 2014 elections! Where did all that money come from? No prizes for guessing!
All political parties enjoyed this largesse.

 

[jugad]

Just 600 names to be given? What about the rest, i thought there were like 700+

 

[OrionHunter]

Just 600 names to be given? What about the rest, i thought there were like 700+

We shouldn't be concerned a lot about names. Serves little purpose. What is needed is to get the Rs160,000 crores back to India.

Call be a pessimist, but I don't think we will be able to get back more than a couple of hundred crores - if we're lucky!

 

[jugad]

We shouldn't be concerned a lot about names. Serves little purpose. What is needed is to get the Rs160,000 crores back to India.

Call be a pessimist, but I don't think we will be able to get back more than a couple of hundred crores - if we're lucky!

Exactly my thoughts i don't think 70% of people who make all this fuzz bout black money REALLY believe that even a quarter of it will ever be brought back no matter whose government is at helm. Anyways good got tv channels

 

[jha]

So SC comes to the rescue ... Now this SIT will take its own time ... I believe our SC has taken some clues from choudhary iftekhar and is over reching.

If BTW all SC had to do was to forward the envelope to SIT, why this drama..? SIT already has the names.. Why going around in circles ..?

 

[NKVD]

So SC comes to the rescue ... Now this SIT will take its own time ... I believe our SC has taken some clues from choudhary iftekhar and is over reching.

If BTW all SC had to do was to forward the envelope to SIT, why this drama..? SIT already has the names.. Why going around in circles ..?

Fun part is SIT already have that list since 27 June said by AG himself today i Wonder what SC Judges are smoking these Days.First they maligned the Authority of Executive of LG and President which Supreme Authority Even for Judiciary in Delhi Govt Case Now this Blunder.I have no Idea why are they so pissed tomorrow on Govt Procedures of handling this Issue But Today Accepted Same Old Govt Line Why???

 

[Dash]

So SC comes to the rescue ... Now this SIT will take its own time ... I believe our SC has taken some clues from choudhary iftekhar and is over reching.

If BTW all SC had to do was to forward the envelope to SIT, why this drama..? SIT already has the names.. Why going around in circles ..?

May be because SIT was formed under the instructions from SC, and doesnt deal with GOI directly? SIT may not even have the list, unless SC gives them?

Fun part is SIT already have that list since 27 June said by AG himself today i Wonder what SC Judges are smoking these Days.First they maligned the Authority of Executive of LG and President which Supreme Authority Even for Judiciary in Delhi Govt Case Now this Blunder.I have no Idea why are they so pissed tomorrow on Govt Procedures of handling this Issue But Today Accepted Same Old Govt Line Why???

27th June?, when did we get the latest list anyway? or you talking of the old list?

 

[jha]

May be because SIT was formed under the instructions from SC, and doesnt deal with GOI directly? SIT may not even have the list, unless SC gives them?



27th June?, when did we get the latest list anyway? or you talking of the old list?

SIT already has this list and they are already investigating individuals from the list. This govt. got this list from SIT itself. SC asks Govt. for the list to pass on to SIT. Govt. itself got the list from SIT.

I hope SC is not trying to portray itself as a savior as a populist Judiciary is as bad as Bad government. By taking this case in her hand, SC has ensured that Modi will not be held accountable for the blackmoney. As retired Justice R.S. Sodhi commented : "This is a case of judicial over reaching. Judiciary has taken the noose from Govt's neck and put it on their own "

GoI has done a good job reminding SC of its limits viz-a-viz Delhi Government. SC can not direct President to dissolve an assembly before an year gets completed.

When SC reminds this government about the lapses in Ganga Cleaning and comments that Ganga may not get cleaned in this lifetime, can anyone ask the same SC how many lifetimes will it take to pass the Judgement on L.N.Mishra murder case..? Its been 47+ years since that high profile assassination happened.