Deadlock in parliament over black money issue

black-moneySenior leader of BJP Mr. L.K. Advani is likely to move the motion over black money in the parliament. There have been demands from opposition as to disclose the names of the account holder of Swiss bank. The MP’s are also demanding the disclosure of names and are likely to exercise their privilege regarding this issue.

But according to the finance minister Pranab Mukherjee, they cannot disclose the names of the account holders as the actions will be initiated under Indian tax act and the names will be disclosed only after noticing.

Mukherjee as usual as all congressmen is trying to escape this issue by using previous governments as scapegoat by saying that UPA-2 has done more than any previous government to track illegal wealth stashed in foreign accounts and to track and prevent such transactions.

The issue rises here is inspite of govt. having all the details against the Swiss account holder why is it not taking actions. The question will be answered itself when the names will be disclosed.

Deadlock in parliament over black money issue

Report by Abhishek Kumar