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Black money: SC asks Centre to reveal names of all account holders by Wednesday

India Blooms News Service | | Oct 28, 2014, at 11:57 pm

#Black money: SC asks Centre to reveal names of all account holders by Wednesday

New Delhi, Oct 28 (IBNS): The Supreme Court on Tuesday slammed the Centre and asked it to reveal names of all foreign bank account holders by Wednesday in connection with the black money case.

“You don’t have to have a protective umbrella for the (foreign bank) account holders...Doesn't matter even if confidentiality is being breached,” a bench headed by CJI HL Dattu was quoted as saying by media.

The apex court refused to modify its earlier order to the Centre, where it asked the government to reveal all names of foreign bank account holders.

Slamming the government, the court said that the new regime at Centre can't ask modification of order when it was passed in an open court and accepted by the government.

The bench said the Centre need not do any investigation itself and should pass on the information to the court.

The court will pass further orders of investigation into the case.

The next hearing of the case is scheduled on Wednesday at 10:00 am.

This comes a day after the Centre on Monday named eight people in the Supreme Court in connection with untaxed or black money accounts in foreign nations nailing the Opposition that pilloried it earlier for shying away from its election pledge on the issue, even as political rivals termed the action a 'selective' disclosure.

Pradip Burman of Dabur India, 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 apex court by the government.

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