Act tough on black money: Kerala CM tells PM

Kerala Chief Minister V S Achuthanandan Saturday appealed to Prime Minister Manmohan Singh to take stern action based on reports of "huge" amount of black money being deposited in foreign banks.

Updated: Apr 09, 2011, 20:46 PM IST

Thiruvananthapuram: Kerala Chief Minister V S
Achuthanandan Saturday appealed to Prime Minister Manmohan Singh
to take stern action based on reports of "huge" amount of
black money being deposited in foreign banks.

Reports that have surfaced in the wake of questioning of
Hasan Ali Khan by Enforcement Directorate are really serious
and it was for the Prime Minister to take effective measures
on this grave issue, Achuthanandan said in a letter to Singh.

Pune-based farm owner Hasan Ali Khan has been arrested on
charges of stashing away billions of dollars in foreign banks
and tax evasion.

There were reports that a whopping sum of Rs 36,000 crore
had been channelised to foreign banks from India to foreign
banks, including the Swiss banks, from even states like Kerala
and Andhra Pradesh. This would include the money of the UDF
leaders in Kerala, the veteran CPIM leader alleged.

The UDF is headed by Congress.

He said it was not proper on part of the Centre to
withhold details of those who had deposited black money in
foreign banks.

The Government should not force anti-corruption crusaders
like Anna Hazare into launching struggles any more. This
would require firm action from the government, he added.

PTI