Black money list: All foreign accounts not illegal, says Centre
The fundamental right of citizens to privacy cannot be ignored, says centre
By : DC Correspondent
Update: 2014-10-28 03:30 GMT
New Delhi: In its affidavit in the Supreme Court, while promising to disclose more names of black money holders under its scanner, the Centre said all foreign bank accounts cannot be termed “illegal”.
“The fundamental right of citizens to privacy cannot be ignored, and this has been recognised by this court,” it said.
The Centre requested the SC to clarify its earlier order directing it to reveal even the names of foreign bank account holders against whom no evidence was found, saying the government would have a problem entering into tax agreements with other countries.
Reacting to the Centre’s affidavit, Dabur India said, “This account was opened when he (Pradip) was an NRI, and was legally allowed to open this account. We have followed all the laws.”
Mr Lodhiya said he had no account in a Swiss bank. “I am shocked. I have declared all my wealth before the I-T department,” he said.
Ms Timblo said she needed to study the affidavit before commenting on the issue.