The Supreme Court today asked the Centre and RBI to file their response in four weeks on a plea seeking CBI inquiry against Indian offshore bank account holders named in the Panama papers.<br/><br/>A bench comprising Justices Dipak Misra and U U Lalit, granted four weeks time to the parties to file the affidavit after the Centre told the court that investigation is in progress and it was looking into the allegations. A Multi-Agency Group of various investigative agencies has been formed by the government to go into the disclosures made in the list which includes about 500 Indian entities.<br/><br/>The Panama Papers leaks contain an unprecedented amount of information, including more than 11 million documents covering 2,10,000 companies in 21 offshore jurisdictions.
News On AIR | July 25, 2016 7:38 PM
Panama papers: SC seeks Centre, RBI's response in four weeks