SC remarks on black money should be eye-opener for govt: BJP

Asking the govt to disclose the names of those who have stashed black money in banks abroad "before anyone else does", the BJP voiced hope that SC`s observations on the issue will be an "eye-opener" for the Centre.

Last Updated: Jan 19, 2011, 21:23 PM IST

New Delhi: Asking the government to disclose the names of those who have stashed black money in banks abroad "before anyone else does", the BJP on Wednesday voiced hope that Supreme Court`s observations on the issue will be an "eye-opener" for the Centre.

"The government should disclose names of people who have stashed away money in Swiss banks before anyone else does.... What is the reason behind the Manmohan Singh government not coming forward with the names? The compulsions cited by the government in the apex court against disclosing the names are intriguing," BJP spokesperson Shahnawaz Hussain told reporters here.
He claimed that with the government "cornered" on the issue of corruption, it was time that the names be disclosed.

"Be it anyone - any representative of the four pillars of democracy, we favour their names being made public," he said, adding that the observations of the apex court "will hopefully work as an eye opener for the government".

The Supreme Court today expressed displeasure over the government`s reluctance in coming forward with full information on the black money stashed by Indians in foreign banks, saying keeping national wealth abroad amounted to plunder of the country and was mind-boggling crime.
"It is a pure and simple theft of the national money. We are talking about mind-boggling crime. We are not on the niceties of various treaties," remarked a bench comprising justices B Sudershan Reddy and S S Nijjar, while hearing a petition for retrieving Indian black money stashed in foreign banks.

The court was unhappy that the government filed an affidavit restricting information relating to the money deposited by 26 persons in Liechtenstein Bank in Germany.

PTI