Black money: Govt lists 3 names, withholds rest
29 Oct 2014 5:09 AM IST
Former Dabur executive director Pradip Burman, Rajkot-based bullion trader and jeweller Pankaj Chimanlal Lodhia and Goa miner Radha S Timblo were named by the centre in an affidavit before the apex court. No politician featured in the list.
The central government, which had been under attack from rivals raising questions over the former’s intention in revealing the names, said that the names have been received from French authorities and other countries. Though the government also told the court that all foreign banks cannot be called as illegal, it promised to reveal more names.
Government will make public names of only those people against whom there is a prosecutable case in connection with tax evasion through offshore accounts, finance minister Arun Jaitley said on Monday, amid the Congress asking for disclosure of all names of black money holders.
‘We will disclose only those names against whom we have prosecutable evidence,’ he told reporters. Meanwhile, Ram Jethmalani, who raked up the black money issue in the Supreme Court, on Monday accused the Narendra Modi government of going back on the stand taken by UPA regime for disclosing all information and documents supplied by Germany on unaccounted money parked by Indians in Liechtenstein Bank.
‘The present administration has resiled from this position and now after over three years (after the judgment, the centre) is praying for modification/clarification of the judgment and order of 4 July, 2011 in connection with the disclosure regarding Liechtenstein Bank accounts of Indians,’ the expelled BJP leader said while opposing Centre’s plea to modify the order. He said after three years the Centre cannot now backtrack and is bound by the fact that directions were not challenged by it regarding Liechtenstein Bank accounts, but have been purportedly complied with (though it is disputed), he said.
Earlier on Monday, Congress leader Digvijaya Singh attacked Jaitley for his comments that Congress would be embarrassed when all names of those who stashed money abroad were made public.
Terming Jaitley’s remarks as mischievous’, Singh said: ‘If he (Jaitley) has guts, he should reveal those names’. He said if any Congress member is found to have stashed money abroad illegally, the party would ‘punish’ the person. Another Congress leader and a former union minister Salman Khurshid said the party has no problem if all names are put out in public domain. Jaitley had earlier said the government would not be pushed into an act of adventurism and jeopardise the chances of getting cooperation of other countries in future.
The NDA government’s approach on black money, he had said, ‘is doggedly persistent, not adventurist’. He had also blamed the agreement entered into by the Congress government with Germany in 1995 as a constraining factor in disclosing details of black money stashed abroad.
The central government, which had been under attack from rivals raising questions over the former’s intention in revealing the names, said that the names have been received from French authorities and other countries. Though the government also told the court that all foreign banks cannot be called as illegal, it promised to reveal more names.
Government will make public names of only those people against whom there is a prosecutable case in connection with tax evasion through offshore accounts, finance minister Arun Jaitley said on Monday, amid the Congress asking for disclosure of all names of black money holders.
‘We will disclose only those names against whom we have prosecutable evidence,’ he told reporters. Meanwhile, Ram Jethmalani, who raked up the black money issue in the Supreme Court, on Monday accused the Narendra Modi government of going back on the stand taken by UPA regime for disclosing all information and documents supplied by Germany on unaccounted money parked by Indians in Liechtenstein Bank.
‘The present administration has resiled from this position and now after over three years (after the judgment, the centre) is praying for modification/clarification of the judgment and order of 4 July, 2011 in connection with the disclosure regarding Liechtenstein Bank accounts of Indians,’ the expelled BJP leader said while opposing Centre’s plea to modify the order. He said after three years the Centre cannot now backtrack and is bound by the fact that directions were not challenged by it regarding Liechtenstein Bank accounts, but have been purportedly complied with (though it is disputed), he said.
Earlier on Monday, Congress leader Digvijaya Singh attacked Jaitley for his comments that Congress would be embarrassed when all names of those who stashed money abroad were made public.
Terming Jaitley’s remarks as mischievous’, Singh said: ‘If he (Jaitley) has guts, he should reveal those names’. He said if any Congress member is found to have stashed money abroad illegally, the party would ‘punish’ the person. Another Congress leader and a former union minister Salman Khurshid said the party has no problem if all names are put out in public domain. Jaitley had earlier said the government would not be pushed into an act of adventurism and jeopardise the chances of getting cooperation of other countries in future.
The NDA government’s approach on black money, he had said, ‘is doggedly persistent, not adventurist’. He had also blamed the agreement entered into by the Congress government with Germany in 1995 as a constraining factor in disclosing details of black money stashed abroad.
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