The Supreme Court will pass order on revealing names of 26 Indians who kept black money in LGT bank. The Centre had opposed revealing the names of 26 account holders saying it would violate bi-lateral agreement.

The black money issue is haunting the government for the last couple of months since the Supreme Court is closely following what the government is doing to track black money stashed abroad.

Alastair Cook

had said earlier in January this year that names cannot be revealed as it goes against the agreement.

“One of the condition is the secrecy. We have given the names to the honourable court in the seal cover,” Mr Mukherjee had said.

But the BJP is accusing the government of being selective and secretive.

“The BJP believes that the Manmohan Singh government will not take any effective steps in curbing black money as names of its own peoples will be exposed,” BJP spokesperson Ravi Shankar Prasad said.

Brett Lee

On its opening day after the summer vacation, the Supreme Court will pass interim orders on the black money issue on Monday.

The Supreme Court will pass order on revealing names of 26 Indians who kept black money in LGT bank. The Centre had opposed revealing the names of 26 account holders saying it would violate bi-lateral agreement.

The black money issue is haunting the government for the last couple of months since the Supreme Court is closely following what the government is doing to track black money stashed abroad.

Finance Minister Pranab Mukherjee had said earlier in January this year that names cannot be revealed as it goes against the agreement.

“One of the condition is the secrecy. We have given the names to the honourable court in the seal cover,” Mr Mukherjee had said.

But the BJP is accusing the government of being selective and secretive.

“The BJP believes that the Manmohan Singh government will not take any effective steps in curbing black money as names of its own peoples will be exposed,” BJP spokesperson Ravi Shankar Prasad said.

Read more at: http://www.ndtv.com/article/india/supreme-court-order-on-black-money-today-116446&cp