Friday, January 21, 2011

Clash of the Titans

Not the cheesy movie or re-makes.

In the red corner, we have the Supreme Court of India and in the blue corner we have the government of India.
http://www.legallyindia.com/201101201702/Bar-Bench-Litigation/black-money-pil-government-dilly-dallies-wont-do-anything-says-divan and http://www.thehindu.com/news/article1103263.ece

Ram Jethmalani, a noted lawyer and honorable Member of Parliament, and former Law Minister, and others filed a petition for the government to release names of suspected tax dodgers who have alledgedly parked their money with LGT Bank and UBS outside India (and retrieve that money I guess).

Thus far, the govenerment has said it can't due to obligations under tax treaties. The Court's response: "It is a pure and simple theft of the national money. We are talking about mind-boggling crime. We are not on the niceties of various treaties,"
WOW!

The government also tried to limit the scope of the petition to information on LGT Bank only but was asked: “Why are you limiting the matter to the Liechtenstein Bank?” Pointing out that nothing would stop or preclude the court from expanding the scope of the writ petition in the public interest, he [Justice S.S. Nijjar] said, “All we want is that you give all information about the money deposited in the foreign banks by Indians. You cannot confine the petition to one bank.” DOUBLE WOW!!

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