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Black money: Apex court
gives split verdict on SIT New Delhi, September 23 The order was passed by a Bench comprising Justices Altamas Kabir and SS Nijjar on the Centre’s plea for recall of the court’s July 4 decision. While Justice Kabir pronounced his verdict in favour of the government, saying the Centre’s plea was maintainable, Justice Nijjar refused to hear the application, saying it is not maintainable. In view of the split verdict, the Bench referred the matter to the Chief Justice for constitution of a larger Bench to decide the maintainability of the Centre’s plea. The apex court had on July 4 recast the high-level committee, formed by the Centre earlier to track black money stashed away abroad, by setting up an SIT and making ex-apex court judges BP Jeevan Reddy and MB Shah as its chairman and vice-chairman, respectively. The others in the 13-member SIT are directors of the CBI, the Intelligence Bureau, the Enforcement Directorate, chairman of the CBDT, Director General of Revenue Intelligence, Director General of Narcotics Control, Director of Foreign Intelligence Office (FIO) and Joint Secretary of Foreign Trade, besides the Research and Analysis Wing’s Director. The apex court had recast the Centre’s high-level committee expressing dissatisfaction
over the pace of its functioning and saying the money stashed away reveal a degree of “softness of the State”. The Centre subsequently moved the apex court, seeking recall of its order. But the apex court, before going into the merits of the Centre’s application, had agreed to adjudicate whether it is maintainable as senior advocate Ram Jethmalani and others questioned its maintainability. The Centre had in its recall application contended that the SIT was formed without being prayed for. It has also questioned the Court’s remarks that probe into the issue of black money stashed abroad was moving at a “laggardly pace”. During an earlier hearing, the Centre had also told the Bench that the SIT set up by the apex court to probe and unearth black money needs to be scrapped as the investigating agency cannot function like a “super power.” — PTI
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