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SIT May Submit Report On Black Money Today

Aug 20, 2014, 16:17 IST

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The Special Investigation Team (SIT), constituted to investigate the black money stashed abroad, is likely to submit an action taken report on its findings and recommendations to the Supreme Court today.

The SIT, headed by retired Supreme Court judge Justice MB Shah, met for the first time on June 2 and then separately held meetings with different departments and agencies over a period of two months.

The SIT is understood to have chronicled a number of potential black money and illegal foreign funds cases.

A detailed report on the findings and recommendations made by the panel is also believed to have been prepared by the panel.
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