05 July 2011

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Supreme Court Appoints SIT Special Investigation Team to probe black money

The Supreme Court appointed a two-member Special Investigation Team (SIT) to probe the black money issue.
Supreme Court appointed a two-member Special Investigation Team (SIT) headed by former apex court judge BP Jeevan Reddy and former Supreme Court judge MB Shah to investigate the black money issue.
The team will also include chiefs of the Intelligence Bureau (IB) and Research and Analysis Wing (RAW).

A bench comprising Justices B. Sudershan Reddy and S.S. Nijjar directed that the High-Level Committee (HLC) constituted by the government to look into the issue of black money would “forthwith” be a part of the SIT.

Government had constituted HLC headed by the Revenue Secretary.
It included directors of CBI, Intelligence Bureau, Enforcement Directorate, Chairman of CBDT, and Director General of Revenue Intelligence, Director General of Narcotics Control, Director of Foreign Intelligence Office (FIO) and Joint Secretary of Foreign Trade.

The Supreme Court bench also directed the government to disclose the names of all the persons who have been issued show cause notices by the authorities in connection with the probe into the black money issue.
The bench directed the government to issue notification forthwith regarding the appointment of SIT and ordered that government machinery to cooperate with it.

Former Supreme Court judge BP Jeevan Reddy will head the SIT team.
SIT will find the black money kept outside India and then SIT will bring it back that money.

Justice Jeevan Reddy had been elevated to the apex court in October 1991 and retired in March 1997.
Justice M.B. Shah had become an apex court judge in December 1998 and retired in September 2003.

The bench while hearing the petition said that,
We must express serious reservation on the steps taken by the government...It’s clear to us that investigation was completely stalled and expedited only after the court’s intervention.

“It was only upon this court’s insistence that proper investigation was conducted,” the bench said while referring to Pune stud farm owner Hasan Ali Khan’s case.

The court passed the order on a petition filed by eminent jurist Ram Jethmalani and others seeking directions to the government to track black money stashed away abroad and bring it back.

Reality views by sm –

Tags – News Black Money Supreme Court SIT Probe


रविकर July 05, 2011  

अच्छी जानकारी एवं विश्लेषण ||

BK Chowla, July 05, 2011  

Now, finally the truth will come out

Kirtivasan Ganesan July 05, 2011  

Yes, this will usher in a new India. Black money will come to India and this money will give shape to our dreams.

sm,  July 05, 2011  


sm,  July 05, 2011  

BK Chowla,,

sm,  July 05, 2011  


Alka Gurha July 06, 2011  

We need a kick on the rear by SC for everything.Unfortunate.

sm,  July 06, 2011  

Alka Gurha,