SIT wants to check black money creation at source

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Deputy Chairman of Supreme Court-appointed Special Investigating Team (SIT) on black money Justice Arijit Pasayat on Monday expressed satisfaction over the measures taken so far to stop generation of black money in the country and stressed that focus must be made to check generation of black money at source.

He said the SIT has already made several recommendations to the Union Government to tap the black money inside the country.

After a meeting with officers of several Government agencies dealing with economic affairs here, Justice Pasayat informed that the SIT has already submitted six interim reports to the Supreme Court and the next report is likely to be submitted in December.

 “There is a need for coordinated effort between all the agencies to stop generation of black money. An elaborate discussion on it was held today among the officers of all the agencies,” Justice Pasayat said.

Among others who attended the day’s meeting included the Director of Enforcement Directorate and senior IPS and IAS officers of Odisha.

Justice Pasayat said activities of several private educational institutions, jewellery shops, real estate companies, self-styled godmen and mafias and dons are under scrutiny to tap the black money in Odisha.

Daily Pioneer
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