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SIT on black money to hold first meet today

New Delhi, June 1
The first high-level meeting of the Special Investigation Team (SIT) on the issue of black money and special probe into cases of unaccounted funds stashed away abroad by Indians will be held here tomorrow.

The meeting, to be chaired by Justice (retd) MB Shah, will be attended by SIT vice-chairman Justice (retd) Arijit Pasayat and top officials of 11 high-profile agencies and departments.

Sources say the meeting is expected to discuss policy matters on combating the menace of black money and the status of ongoing probes and available inputs with the departments in this regard.

“The participating departments have been asked to bring a comprehensive status report of the probes they are conducting to brief the chairman and the vice-chairman of the SIT,” they said.

The terms of reference for the SIT states that the elite team will investigate all matters “with respect to unaccounted monies being stashed in foreign banks by Indians or other entities operating in India that may arise in the course of such investigations and proceedings.” — PTI

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