On Wednesday, the government submitted the entire list of black money account holders to the Supreme Court. The documents include 627 names and status report of their investigation in these cases.
Later in the day, in an exclusive interview with CNN IBN, Special Investigation Team (SIT) chairman former Justice M B Shah said that the developments in the black money case in the last few days are insignificant.
Reuters image.
"We are back to square one. The government has submitted the same list which was submitted to us last June. All the facts that have been revealed in the black money list were already known to the SIT," said the Justice Shah.
But the SIT chief also asserted that it does not seem that the government is trying to protect anyone. Justice Shah said the report will be ready in time.
Finance Minister Arun Jaitley on Tuesday had said it will be up to the judges to decide whether to make the names public. "There is nobody that the government wants to protect," he said.
The names as sought by the Supreme Court had already been given to the Special Investigation Team (SIT) appointed by the government at the behest of the apex court.
The primary purpose of this exercise is to ascertain who among the individuals and the entities named hold such accounts in contravention of Indian laws and what kind of proceedings can be initiated to prosecute them and get back any ill-gotten money.
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