The Centre on Thursday told the Supreme Court that it would reveal the names of persons, who have stashed black money in tax havens abroad, only after registering cases against them.
Solicitor general Gopal Subramanium informed the Bench headed by Justice B Sudershan Reddy that the government had already issued showcause notices to various such accused persons and would make their names public once a case is registered against them.
However, the court directed the Centre to ensure that Hasan Ali Khan, a Pune-based businessman, accused of stashing money in foreign banks, does not leave the country. The court posted the matter for hearing on March 3. The Centre has came under severe criticism from the Supreme Court and the Opposition over stashing money in Swiss banks and other tax havens.
SC had pulled up the Centre for withholding information on black money stashed in foreign banks, saying it is not just limited to tax evasion but a ?mind boggling crime? amounting to ?theft? and ?plunder? of national wealth.