Nitish decries centre`s handling of black money stashed abroad
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Last Updated: Friday, January 28, 2011, 21:23
  
Patna: Bihar Chief Minister Nitish Kumar on Friday lambasted the UPA government for its "inept" handling of the process for recovery of black money to the tune of billions of dollars stashed abroad.

"The Centre has been found to be reluctant to step up efforts to recover black money parked in the foreign banks by the corrupt people in spite of Supreme Court's prodding," he said laying the foundation of the building of the Institute of Chartered Accountants of India (ICAI) here.

He accused the Centre of being "lethargic" in pursuing with the foreign countries to bring back the black money.

The Chief Minister lauded the Supreme Court for "reprimanding" the Centre on the issue.

The Centre should understand the magnitude of black money which was more than sufficient to meet the country's budget for two years, besides funding the right to education act for which Bihar alone requires Rs 27,000 crore annually and other development and welfare schemes, he said.

PTI


First Published: Friday, January 28, 2011, 21:23


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