NEW DELHI (TIP): The Supreme Court on May 23 gave the Centre a week’s time to notify a Special Investigation Team to probe black money stashed in foreign banks by Indians. The SIT will be supervised by two retired apex court judges. The top court also asked Centre to secure safely all documents and names of Indian account holders in LGT Bank, Liechtenstein, given to India by Germany.
SC asked revenue secretary to keep these documents safe and secure. SC had directed the UPA government to duvulge details about LGT bank account holders to petitioner Ram Jethmalani. But the UPA government had filed an application seeking review of the order for divulging these information. On May 23, the government did not seek review and the court sarcastically said now there would be no review of black money related orders.