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Govt will trace out all black money accounts at appropriate time: Arun Jaitley

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The government has identified 427 suspicious account holders of black money abroad and assured it will trace out all illegal accounts at an appropriate time. Responding to a debate on black money in the Rajya Sabha, Finance Minister Arun Jaitley said that notices have already been sent to them.

The Finance Minister said, 258 account holders have admitted having accounts abroad. AIR correspondent reports that there was almost consensus among members of all political parties that black money stashed abroad illegally should be repatriated. Mr Arun Jaitley said the government is moving forward on the issue and it will disclose the name of the holders of illegal wealth after the chargesheets are filed against the guilty.

On the other hand, Mallikrajun Kharge of the Congress said, the Prime Minister had promised to bring back black money in hundred days but nothing has happened even after 180 days. Trinamool Congress leader Sudip Bandyopadhyay termed the bringing back of black money as a national issue and the Prime Minister should reply.

JD(U) member Sharad Yadav and BSP supremo Mayawati apprehended that the account holders will have enough time to transfer the illegal wealth when the government agency will reach them. Despite the valiant attempt made by the Finance Minister, the fire of dissatisfaction did not defuse and the members from Congress, TMC and SP staged walkout.


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