Zee Media Bureau
New Delhi: The Union Cabinet meet that was scheduled for Wednesday evening has been postponed till 11 am tomorrow. The first Cabinet meeting of the newly elected Narendra Modi-led NDA government was held yesterday evening.
Complying with the Supreme Court directive, the Modi`s government on its first day in office yesterday constituted a special investigative team (SIT) headed by a former Supreme Court Judge to unearth black money, including in the case of Hasan Ali.
MB Shah, head of the SIT that also comprises another retired Supreme Court judge Arijit Pasayat as vice-chairman, will be assisted by the Revenue Secretary, directors of CBI, IB, RAW and ED, the CBDT Chairman and an RBI deputy governor.
The Supreme Court, which appointed the two judges, had last week granted the government one week to set up the SIT.
"In the first Cabinet of the new government...In the light of the directions of the SC, we have constituted an SIT for unearthing black money... This was an important issue for us," Law and Telecom Minister Ravi Shankar Prasad told reporters after a one-and-a-half-hour Cabinet meeting.
"The SIT has been charged with the responsibility and duties of investigation, initiation of proceedings and prosecution in cases of Hasan Ali and other matters involving unaccounted money," it said.
The panel will have jurisdiction in cases where investigations have commenced, are pending, are waiting to be initiated or have been completed.
Modi led the BJP to a historic win in 2014 Lok Sabha polls bagging 284 seats and getting a majority on its own. Along with its allies it won 335 seats
The Congress on the other hand was decimated ending up with 44 seats – its worst tally ever.
With PTI inputs