Thursday, January 20, 2011

Black Money Acct Holder Names Cannot be Made Public, so sayeth the personally honest PM.

Black Money Acct Holder Names Cannot be Made Public, so sayeth the personally honest PM.


NEW DELHI: Prime Minister Manmohan Singh on Wednesday said there is "no instant solution" to bring back black money stashed in foreign banks and that information with government cannot be made public due to treaty obligations. 
"There is no instant solution to bring back what is called black money. We have got some information and that has been provided to us for use in the collection of due taxes," he told reporters at Rashtrapati Bhavan after a rejig of some portfolios and new inductions, the first such exercise in his second term in office. 

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