The panel will first go through the details of income tax returns filed by the 714 Indian individuals and entities reportedly named in the Paradise Papers and subsequently take action, on a case-to-case basis, officials added.
However, activist Neeraj Sharma said that the formation of MAG and other investigations were pointless if the laws did not allow the government to register an FIR against the black money hoarders.
Sharma told Janta Ka Reporter, “Can someone ask our prime minister how will he jail black money hoarders if there is no provision to register FIR?”
Prime Minister Narendra Modi had made the black money a key election issue during the 2014 Lok Sabha polls. While addressing an election rally in Uttar Pradesh in December last year, Modi had said that he “will find a way” to jail the rich who had after demonetisation stashed their ill-gotten wealth in the Jan Dhan bank accounts of the poor.
He had said, “Whoever has deposited the money in your accounts, don’t withdraw a rupee from it. See how they will plead and fall at your feet. If they threaten you tell them, ‘I will write a letter to Modi’.”
But the latest revelation through RTI reply will provide his critics, particularly Congress party, more ammunition to embarrass the prime minister and his party during the election campaign in Gujarat.http://www.jantakareporter.com/india/rti-reply-black-money/159249/
November 14, 2017 at 4:54 pm
The reply to RTI reveals that there has been little effort to recover black money. Since no FIRs have been filed, it is difficult to ascertain how many people have been booked