The Supreme Court today reserved its order on a plea to set up a special investigation team (SIT) to track the black money stashed away in foreign banks and to take steps for bringing it back to the country.A bench of Justices B Sudershan Reddy and S S Nijjar also reserved its verdict on a petition seeking directions to the government to make public the names of persons who have kept black money in the Liechtenstein Bank.The Centre opposed the plea and contended before the bench that a committee comprising top officers from CBI, ED,IB and other departments has already been formed to deal with the black money cases.The bench had earlier on March 18 favoured setting up of a SIT, saying the issue is “wider” and had asked the Centre to come up with its possible composition.
News On AIR | May 4, 2011 8:04 PM
SC reserves order on setting up SIT to track black money