After Apex rap, Center to submit list of all foreign bank account holders

October 29, 2014

New Delhi, Oct 29: The government will today submit the names of all Indians with foreign bank accounts following a severe reprimand from the Supreme Court which is monitoring the attempts to recover untaxed or black money stashed abroad.

Foreign Bank"Why are you providing a protective umbrella to foreign bank account holders?" asked the judges. "We can't leave the issue of bringing back black money to government. It will never happen during our time," they added, stating that they will rely more now on a special committee of retired judges and regulators appointed by the Supreme Court to map the recovery of black money.

Both the previous government headed by Dr Manmohan Singh and the new government have argued in court that tax treaties with other countries prohibit the disclosure of names till charges are framed.

Finance Minister Arun Jaitley said the government will respect the court order and it will be up to the judges to determine whether to publicly disclose the list that will be furnished by Wednesday. "There are 600 odd names in the list - we will give the list in a sealed cover and I'm sure the court will take appropriate steps to maintain their confidentiality," said Attorney General Mukul Rohatgi.

On Monday, the government named eight people in the top court who are being prosecuted for allegedly hiding undeclared cash in Swiss and other banks. Critics have accused the government of using tax treaties as a cop-out to shield rich and powerful citizens.

The government on Tuesday said once it has completed investigations against Indians who hold bank accounts in countries like Germany and Switzerland, it will provide all information to the Supreme Court. "You do not do anything. Just pass on the information of account holders to us and we will pass orders for a further probe," said the frustrated court.

The Supreme Court has been monitoring the investigations into black money since 2009, based on a petition filed by noted lawyer Ram Jethmalani.

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News Network
April 4,2020

Srinagar, Apr 4: Two militants were reportedly killed in an encounter with security forces in Kulgam district of Jammu and Kashmir on Saturday, police said.

The security forces launched a cordon and search operation based on intelligence inputs about the presence of militants in Hardmand Guri village in Kulgam, a police spokesperson said.

"This operation based on a credible police input was launched this morning. Two terrorists have been reportedly killed so far," the spokesperson said, adding that the exchange of fire was going on.

Earlier, the police tweeted on its official handle that three militants had been trapped in the cordon. "Same group of #terrorists trapped who killed 3 civilians recently," the police said.

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News Network
July 20,2020

New Delhi, Jul 20: India's COVID-19 case tally crossed the 11 lakh mark with the highest single-day spike of 40,425 new cases and 681 deaths reported in the last 24 hours, informed the Union Health and Family Welfare Ministry on Monday.

Total cases in the country now stand at 11,18,043 while the death toll is 27,497.
The Health Ministry said the total number of cases includes 3,90,459 active cases and 7,00,087 patients have been cured/discharged/migrated.

Maharashtra remains the worst affected state with 3,10,455 cases reported until Sunday.
Meanwhile, as per the information provided by the Indian Council of Medical Research (ICMR), 1,40,47,908 samples have been tested for COVID-19 till July 19, of these 2,56,039 samples were tested yesterday.

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coastaldigest.com web desk
July 20,2020

Jaipur, Jul 20: In a startling revelation, Rajasthan Congress MLA Giriraj Singh Malinga has claimed that rebel leader Sachin Pilot offered him Rs 35 crore to switch to the BJP but he refused. 

Speaking to the media in Rajasthan capital Jaipur, Malinga, who represents Bari constituency, said he had informed Chief Minister Ashok Gehlot about Pilot’s “offer”.

“I, too, had offers but I refused. I had spoken to Sachin ji, he asked me to switch sides and I refused. This is a wrong thing, I will not do it for money,” Malinga said.

“I said that when we left Bahujan (BSP, in 2008), where one has to give money to get a ticket, whereas in Congress and BJP, that is not the system. I was offered a lot of money. Sachin Pilot had said money is not an issue, you ask what you want and you will get… Rs 35 crore or more, but I said it is wrong,” he added.

Malinga said he had had the conversation with Pilot 2-3 times, first in December during the panchayat delimitation, and later before the Rajya Sabha elections last month.

He added that the BJP had never reached out to him, and neither had he spoken to them. “I have no animosity with Pilot but I am speaking the truth,” he said.

The state plunged into a political crisis after former deputy chief minister Sachin Pilot declared rebellion on 12 July, claiming to have the support of 30 MLAs. By the next day, however, he could not prove the support of more than 18 legislators.

On 14 July, 19 MLAs, including Pilot, were served notices by Speaker C.P. Joshi, who asked them to respond by Friday after a petition filed by the chief whip of Congress sought their disqualification from the state assembly. The party also sacked Pilot and two Rajasthan cabinet ministers from their respective posts the same day.

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