Congress attacks Jaitley on black money


(MENAFN- The Peninsula) The Congress yesterday attacked Finance Minister Arun Jaitley over his remarks that disclosure of names of those holding illicit foreign accounts will embarrass the party and said the Modi government should not indulge in "any blackmail" and come out with full information instead of "selective leakage".

Party General Secretary Ajay Maken said the Modi Government should not "indulge in selective or vindictive leaking of names."

"If Jaitley was trying to blackmail the Congress party by such petty games, he should desist from the same, Maken added.

Maken's response came after Jaitley's interview to NDTV news channel on Tuesday in which he said that the Congress will face some embarrassment when the names of those holding illicit foreign accounts come out.

Jaitley gave another interview yesterday to Times Now news channel and said the government cannot reveal all names in the list of those who have accounts in banks abroad as some of them have legitimate accounts and cannot be maligned.

"We have got some names. Under the treaty, we cannot reveal it for political purposes," he said.

"Some people have legitimate accounts. We cannot disclose the names who have legal accounts," the minister said, adding that for this reason the government has also requested the Supreme Court not to reveal all the names in the list.

Jaitley refused to give more details. Asked if there were politicians in the list from opposition party Congress, the minister said he will "neither confirm, nor deny anything". He, however, said he will be "enthusiastic" in sharing the names if any opponent's name is there.

Reacting strongly to Jaitley's remarks, Maken said the party was above any individual and the government of the day should proceed against and investigate those whose names are there in the list without being selective or vindictive.

"It had all the state machinery at its disposal and not try to subvert issues by getting into pointless filibuster," Maken said.

Maken also attacked the Bharatiya Janata Party over its promise of bringing back black money, claiming that its leaders had said that each citizen could get Rs 15 lakh if the black money was brought back.

"It is a worrying development if the BJP is trying to avoid delivering upon the promise, a major pillar of the BJP campaign in the hope of which the people of India had voted them to power," Maken said.

The Congress leader said that the BJP government filed an affidavit before the Supreme Court seeking modification of the July, 2011 order of the court "wherein the Court had expressly directed the government to reveal the names of black money account holders."

He said the court had had said in July, 2011 that the Double Taxation Avoidance Agreements (DTAA) don't deter the government from disclosing the names of account holders who have stashed black money abroad.

Referring to suggestions that the government will only disclose 136 out of the 800 names, Maken called for "full and complete disclosure of details of such account holders."

Congress spokesperson Abhishek Singhvi also said that the government should reveal all the names.


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