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Will name some black money account holders, PM tells Cabinet

The BJP adopted the black money issue as one of its poll planks in the run-up to the Lok Sabha elections.

Written by Amitav Ranjan | New Delhi | Published: October 21, 2014 2:01:50 am
money The BJP adopted the black money issue as one of its poll planks in the run-up to the Lok Sabha elections, promising to bring back the money from foreign banks.

Prime Minister Narendra Modi is learnt to have told his union council of ministers on Monday that the government would disclose some names of those under probe for allegedly stashing black money abroad, to the Supreme Court when it reconvenes after the Diwali break.

“Kuch naam batayenge (we will reveal some names),” Modi told his ministers at an hour-long pre-Diwali dinner he hosted on Monday, a day after the party’s electoral victory in Maharashtra and Haryana.

The BJP adopted the black money issue as one of its poll planks in the run-up to the Lok Sabha elections, promising to bring back the money from foreign banks. But last week, the government told the Supreme Court that sovereign treaties stopped it from acting in the matter.

Rejecting allegations that the government had made a U-turn in the matter, Finance Minister Arun Jaitley later said the NDA government would not withhold any information, including the names of account holders, in cases where independent investigation had been done by India and evidence had been collected.

Jaitley’s remarks came after a high-level delegation returned from Switzerland after holding talks with officials there on the 700-odd Indians who have accounts with the HSBC Bank in Geneva. This list had been available to India by French authorities.

Meanwhile, Anant Geete, the lone Shiv Sena representative in the Union Cabinet, also attended the dinner on Monday amid talks that the BJP is in discussions with the Sena for forming the government in Maharashtra.

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