Black money inaction is betrayal

SUNDAY | SEPTEMBER 09, 2012

The UPA government’s betrayal of the nation and the people’s trust is an unpardonable crime.

Manmohan Singh and Sonia Ganghi n the light of government's scandalous inaction regarding retrieving black money looted out of India and preventing its further loot, the Supreme Court order directed the Union of India to appoint the High-Level Committee constituted by it as a Special Investigation Team, to be headed by the former eminent Supreme Court judges — Hon'ble Mr Justice B.P. Jeevan Reddy as Chairman and Hon'ble Mr Justice M.B. Shah as Vice-Chairman. The Apex Court directed that the Special Investigation Team, so constituted, "shall be charged with the responsibilities and duties of investigation, initiation of proceedings, and prosecution, whether in the context of appropriate criminal or civil proceedings of: "(a) all issues relating to the matters concerning and arising from unaccounted for monies of Hassan Ali Khan and the Tapurias; "(b) all other investigations already commenced and are pending, or awaiting to be initiated, with respect to any other known instances of the stashing of unaccounted for monies in foreign bank accounts by Indians or other entities operating in India; and "(c) all other matters with respect to unaccounted for monies being stashed in foreign banks by Indians or other entities operating in India that may arise in the course of such investigations and proceedings." { Instead of promptly creating the team and starting a vigorous drive for repatriation of stolen national wealth, the government did nothing for weeks together, after which it filed a petition to the Supreme Court to recall its order.