Bhubaneswar, Oct 18: Vice-chairman of Special Investigation Team (SIT) Justice (retd) Arijit Pasayat said on Saturday that the quantum of black money stashed inside the country is much more than abroad.
If the generation of black money is stopped, its flow to the foreign countries will be substantially reduced, he said while attending a meeting with Odisha and Union government officials.
“There are allegations about huge transactions of money being made under the table by some charitable trusts and educational institutions which are of serious concern. These allegations are under the scrutiny of the Income Tax department and the Enforcement Directorate (ED) who have taken steps in some cases,” he said.
