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Govt taking measures on whistleblowers’ tips to tackle black money: Jayant Sinha

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New Delhi: The government is taking specific action on the basis of information provided by whistleblowers in its measures to tackle black money stashed abroad, parliament was told on Tuesday.

Certain persons, claiming to be whistleblowers, have made an offer of assistance in the investigation of black money stashed away abroad.

Minister of State for Finance Jayant Sinha expressed the union government’s plans in this regard, in the Rajya Sabha in a written reply.

The government has taken specific steps in this regard. Disclosure of the steps taken, at this stage, would not be in the interest of further investigation, he said.

In a separate reply, he said the government has initiated various steps to deal with black money stashed abroad, including setting up of a special investigation team (SIT) and enacting a new law to deal with black money in off-shore accounts.

The minister also said 669 prosecutions related to tax evasion were launched in 2014-15, up from 641 in the previous fiscal.

“Prosecution complaints under applicable provisions of the Income Tax Act, 1961, have been filed in appropriate cases,” Sinha said, adding the new black money law, with stricter penalty and prosecution provisions, had come into force from July 1. (IANS)

(Picture Courtesy:indiatoday.in)

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NYS Suspects Kabura, Gethi Charged Afresh then Freed on Ksh.300K Bail

In the new charge sheet presented on Tuesday, the Prosecution added one new count against Kabura, John Kago Ndungu and Partick Ogola Onyago

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NYS, Kabura, Money Laundering
Josephine Kabura, Ben Gethi and eight others have pleaded afresh to money laundering charges over the National Youth Service (NYS) scandal.

BY GEOFFREY ISAYA

Josephine Kabura, Ben Gethi and eight others have pleaded afresh to money laundering charges over the National Youth Service (NYS) scandal.

In the new charge sheet presented on Tuesday, the Prosecution added one new count against Kabura, John Kago Ndungu and Partick Ogola Onyago.

The particulars on the count 16 reads that between December 1, 2014 and May 30, 2015 in Nairobi, the three accused persons are alleged to have engaged in an arrangement for the transfer of Ksh. 90million into K-rep Ban Account belonging to Patrick Ogolla Onyango T/A Ogola and company Advocates.

This, according to Prosecution, they did while knowing or ought to have known the said money was the proceeds of crime, stolen from NYS.

NYS, Kabura, Money Laundering
The NYS LOGO

The Prosecution further alleged that the effect was to conceal the source of the Ksh. 791million. Also amended are the dates for the offences.

It is alleged that the said offences in the charge sheet were committed between December 2014 and April 2015.

Out 35 witnesses lined up to testify against the accused persons only nine have testified.

The Prosecution also indicated to the court they have not recorded nay new witness statements and if they do do they will serve the defence on time.

 

Similarly, the defence said that they do not intend to recall the witnesses who have already testified in the case.

The accused persons were first arraigned in court in the year 2016 and were charged with 15 counts.

Some of the proceeds were used to buy cars including Range Rover, Jeep Cherokee, Toyota Prado, Land Cruiser and other properties.

NYS, Kabura, Money Laundering
NYS suspects when they appeared in court,two out of them were charged afresh on Tuesday and released on bail.

They all pleaded not guilty to the new amended charges and are out on cash bail of  Ksh. 300,000 each.

 

The case will be heard next month.