High power committee set up in blackmoney case: Govt. tells SC


Apr 25, 8:57 PM


The Government on Monday told the Supreme Court that a high power committee comprising heads of various probe agencies and specialised departments has been constituted to monitor the investigation and steps taken to bring back black money stashed in foreign banks.

The 10-member committee, which will immediately start functioning, consists of Revenue Secretary, Deputy Director RBI, Directors of CBI, Intelligence Bureau, Enforcement Directorate, Chairman of CBDT, Director General of Revenue Intelligence, Directorate General of Narcotics Control, Director of Foreign Intelligence Office and Joint Secretary of Foreign Trade.

Solicitor General Gopal Subramanium told the bench that the co-ordinated mechanism has been put in place to deal with all such cases of black money and it would be headed by the Revenue Secretary. He further said that various aspects of the black money case can be probed by different agencies and it would not be limited to the present case of Pune stud farm owner Hasan Ali Khan who has come under the scanner of ED and income tax department.

AIR