Karnataka   

‘Declare black money as national property'

Karwar: The followers of yoga guru Baba Ramadev, under the banner of Swabhiman Bharat Trust, submitted a memorandum to the Deputy Commissioner of Uttara Kannada on Sunday.

The members demanded the immediate declaration of black money kept by Indian politicians and businessmen in Swiss banks as national property, so that the money could be used for the welfare of the common man when it is brought back to the country.

The trust alleged that about Rs. 25 lakh crore of black money of politicians and businessmen had been lying in different foreign banks.

It said that the Union Government should immediately declare that money as national property and make sincere efforts to retrieve that money at the earliest. The money belonged to India and it should not be allowed to be kept in foreign banks, they said.

If it was brought back, India would become one of the strongest economies in the world and many of the problems relating to poverty and hunger would be solved, the trust said.

The trust criticised the recent statement of Finance Minister Pranab Mukherji that the owners of such money could be pardoned by levying tax on their black money.

The tax-evaders should be brought to the book and the money seized by the Government, the trust said.

They should not be shown any mercy in this regard, they added.

The members held a symbolic dharna in front of the office of the Deputy Commissioner at Karwar and gave slogans in support of bringing back black money stashed in foreign banks so that it could be used for welfare purposes.

Vijay Mohanaraj, chief executive officer of Uttara Kannada Zilla Panchayat, was present on the ocassion.

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