Panama papers case: SC lists PIL for final hearing on March 7

NEW DELHI: The Supreme Court today listed for final hearing on March 7 a PIL seeking a CBI probe into the Panama papers leaks relating to over 500 accounts in offshore banks.

This direction was given by a bench of Justices Dipak Misra and R Banumathi.

The bench had on January 10 given an indication that it may consider appointing a Special Investigation Team (SIT) to probe the leaks.

The Centre had earlier told the court about a multi- -agency group (MAG) it had constituted to inquire into the materials contained in the leaked papers.

It had on October 3 last year informed the court that a whopping Rs 8,186 crore, illegally kept in offshore banks by Indians, has been brought under the tax ambit despite constraints like non-sharing of information by Swiss authorities.

... read more at: http://economictimes.indiatimes.com/news/politics-and-nation/panama-papers-case-sc-lists-pil-for-final-hearing-on-march-7/articleshow/57132680.cms

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