Indian Supreme Court hits out at gov't on black money stashed away in foreign banks

09:31, April 22, 2011      

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India's highest judiciary, the Supreme Court, Thursday hit out at the country's government again on black money being illegally stashed away by Indians in foreign banks, asking whether the authorities were sleeping on the issue.

"You say different agencies are looking into the issue. Till now what these agencies were doing? Are they sleeping?" the Supreme Court said.

The apex court also pulled up the Indian government for focusing only on Hasan Ali, the flamboyant businessman from Pune who is accused of stashing away up to 8 billion dollars of black money in Swiss bank accounts.

"Only one person in this country has an account in Switzerland. No other Indian has an account? You are working from 2009. What information do you have?" the court asked the government.

Ali was arrested last month in the case.

Source: Xinhua
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