The Supreme Court today asked the government whether a Special Investigation Team (SIT) should be constituted to probe the offshore accounts of Indians revealed in the Panama paper leaks.<br/>'<br/>A bench, headed by Justice Dipak Misra, asked Additional Solicitor General (ASG) P S Narasimha to seek instruction on whether a separate SIT can be tasked to probe the Panama Papers leak, besides Multi-Agency Group (MAG) set up by the government to probe into the black money cases.<br/>'<br/>The court asked Narasimha to file the seventh report of MAG within three days and took on record six reports filed in<br/>sealed cover with regard to the investigation in the black money cases.<br/>'<br/>The bench, which also comprised Justices A M Khanwilkar and Justice M M Shantanagoudar, asked the ASG to inform about the decision and posted the matter for hearing in July.<br/>'<br/>The Centre had constituted MAG consisting of officers of the Central Board of Direct Taxes(CBDT), Reserve Bank of India (RBI), Enforcement Directorate and Financial Intelligence Unit to investigate black money cases and is also probing the Panama Paper leaks.<br/>'<br/>The apex court had on March 7 asked the Centre to place before it in a sealed cover all the six reports of MAG after<br/>it was informed that sixth report has been completed and the government was prepared to place all reports before the court.
News On AIR | April 18, 2017 8:04 PM
SC asks govt whether SIT needed to probe Indians revealed in Panama leaks