Steps taken to bring back black money stashed abroad: Moily

Written by: Pti
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Bangalore, Jan 29 (PTI) Amid growing Opposition callsfor making public the list of Indians who have stashed blackmoney abroad, Union Law Minister Veerappa Moily today said theUPA Government had nothing to hide on the issue and it wasupto the Supreme Court to reveal the names.

"We are not hiding anything, the Supreme Court hasbeen given the list in a sealed cover and it is upto it toreveal the names," Moily told reporters here when asked aboutthe list of Indians who had parked blackmoney in secretaccounts in banks overseas.

He said the government had "already taken steps tobring back black money despite treaties coming in the way."

Moily said under the treaty, details about deposits inother countries could be made available only in case of taxevasion or violation of foreign exchange laws. The treatyconditions varies from country to country.

A lot of "pro-active" steps had been taken by thegovernment in this regard, he said amidst continuing fierceattacks from opposition which is trying to put the UPA in thedock demanding disclosure of the names of Indians.

Seeking to turn the tables on the opposition, Moilysought to know why steps were not taken by the BJP-led NDAGovernment to bring back blackmoney held abroad and why theywere making accusations against the UPA government although itwas making "sincere efforts".

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