SC’s split verdict on black money cases

NEW DELHI: On Friday a two-judge bench of the Supreme Court gave a split verdict on the maintainability of government’s application seeking recall of the apex court order on constitution of an SIT to probe black money issues.

The order was passed by a bench comprising justices Altamas Kabir and SS Nijjar on the Centre’s plea for recall of the court’s decision on July 4.

While justice Kabir pronounced his verdict in favour of the government, saying the Centre’s plea was maintainable; Justice Nijjar refused to hear the application, saying it is not maintainable.

Due to division of verdict, the bench referred the matter to the Chief Justice for constitution of a larger bench to decide the maintainability of the Centre’s plea.

The apex court had on July 4 recast the high-level committee, formed by the Centre earlier to track blackmoney stashed away abroad, by setting up a Special Investigation Team and making ex-apex court judges BP Jeevan Reddy and MB Shah as its chairman and vice-chairman respectively.

The others in the 13-member SIT are directors of CBI, Intelligence Bureau, Enforcement Directorate, Chairman of CBDT, Director General of Revenue Intelligence, Director General of Narcotics Control, Director of Foreign Intelligence Office (FIO) and Joint Secretary of Foreign Trade, besides the Research and Analysis Wing (RAW) Director.

The apex court had recast the Centre’s high-level committee expressing dissatisfaction over the pace of its functioning and saying the money stashed away reveal a degree of “softness of the State”.
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