April 26, 2016 8:36 PM

printer

Blackmoney: SC asks SIT to look into Bank of Baroda scam

The Supreme Court today directed the Special Investigation Team (SIT) on black money to look into the recent Bank of Baroda scam case. A three judge bench asked the SIT headed by former Judge M B Shah, to apprise it on the progress made in the scam's probe by the next date of hearing on May 11.<br/><br/>The apex court was hearing on a plea filed by journalist Paranjoy Guha Thakurta to include the Rs 6000-plus crore Bank of Baroda scam within the SIT's ambit. Advocate Indira Jaisingh appearing for the petitioner, said over Rs 6,000 crore was siphoned off through the banking and hawala channels.<br/><br/>Advocate Dushyant Dave appearing for SIT briefed the court on the progress made by it on the black money issue. Around trillion dollar black money is being investigated, he said while agreeing with the bench to seek instructions regarding Bank of Baroda scam case.

April 26, 2016 7:53 PM

printer

Blackmoney: SC asks SIT to look into Bank of Baroda scam

The Supreme Court today directed the Special Investigation Team (SIT) on black money to look into the recent Bank of Baroda scam case. A three judge bench asked the SIT headed by former Judge M B Shah, to apprise it on the progress made in the scam's probe by the next date of hearing on May 11.<br/><br/>Advocate Indira Jaisingh appearing for her petitioner, said over Rs 6,000 crore was siphoned off through the banking and hawala channels. Advocate Dushyant Dave appearing for SIT briefed the court on the progress made by it on the black money issue. <br/><br/>Around trillion dollar black money is being investigated, he said while agreeing with the bench to seek instructions regarding Bank of Baroda scam case.

Most Read
View All arrow-right

No posts found.