With the Centre submitting the list of 627 foreign account holders to the Supreme Court, senior advocate Abha Singh on Wednesday said the Special Investigation Team (SIT) should find out whether the money went out of the country through banks or via the hawala route.
"What is important now is the source of this money, whether it went out of the country through banks or through hawala, it needs to be investigated by SIT," Singh said.
The senior advocate alleged that both the Congress and BJP have been hiding this black money list for five years, because most probably, it is the money of politicians and corrupt bureaucrats that has been stashed away in safe havens abroad.
"If it is the money of corrupt politicians, then Prevention of Corruption Act should be slapped on them, if it has gone through hawala, then the Money Laundering Act should also be slapped," she added.
Attorney General Mukul Rohatgi earlier today submitted three sets of documents, which reportedly includes the names of 627 people who have stashed away wealth in banks abroad, to the Supreme Court in a sealed cover.
The government also submitted a status report in a sealed cover.
The Supreme Court has reportedly instructed the apex court registry to hand over the sealed covered information to a Special Investigation Team, and asked that details be made known to it by next month. The apex court also said that only SIT's chairman and vice chairman are allowed to open the sealed envelopes.
Earlier on Tuesday, the apex court had asked the government to reveal the names of all those who have stashed their black money in foreign accounts. The apex court's directive came after the government had earlier on Monday released the names of only three account holders.
