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Black money: Cong slams Centre, demands apology

| | Oct 18, 2014, at 06:59 am
New Delhi, Oct 17 (IBNS) The Congress on Thursday slammed the ruling Bharatiya Janata Party (BJP) after the Centre told the Supreme Court that it will not be able to disclose the details of foreign accounts held by Indians that are governed by bilateral double taxation avoidance treaties.

Congress leader and former External Affairs Minister Salman Khurshid told media: "Now either they should back out from the treaty or apologise for putting allegations on us."

Party leader Ajay Maken tweeted: "#BJPBlackMoneyDhokha says it all!"

He posted again: "#BlackMoney:Can't disclose names,Centre tells SC Will Anna,Baba,Kiran agitate."

Union Finance Minister Arun Jaitley defended the move taken by the Centre and said the details of people under investigation for having black money account  cannot be revealed until chargesheet has been filed in court in connection to the matter.

"We have no difficulty in making the names public. But it can be made public only in accordance with the due process of law. The due process of law has been constrained by a double taxation avoidance treaty which was entered between India and Germany when the Congress party was in power on 19th June, 1995," Jaitley told reporters.

The issue of bringing back black money was a significant matter that was raked up by the BJP to target the UPA government during its campaigning ahead of the Lok Sabha polls.

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