New Delhi, Mar 7: The Supreme Court today asked the Centre to place before it in a sealed cover all the six reports of the Multi-Agency Group (MAG) constituted by the government to probe the Panama papers case.
The direction came after the Centre told the bench headed by Justice Dipak Misra that the Multi-Agency Group has completed the sixth report of its ongoing investigation and the government is prepared to place all reports before the
"We direct the Union of India to file all six reports in a sealed cover within four weeks," the bench also comprising Justices A M Khanwilkar and Justice M M Shantanagoudar said.
The Centre had constituted a multi agency group consisting of officers of the Central Board of Direct Taxes(CBDT), Reserve Bank of India (RBI), Enforcement Directorate and Financial Intelligence Unit to investigate the Panama case.
Solicitor General (SG) Ranjit Kumar, appearing for the Centre, told the court that the bench should first go through reports of the MAG and thereafter decide whether it could be shared with the petitioner or not.
The submission by the SG came after petitioner advocate M L Sharma said the report should also be given to him so that he can argue the matter further.
At the outset, Sharma argued that the government agencies were not investigating this case properly and they have concealed material facts from the apex court.
To this, the bench said, "How can you say that they are not doing it (probe)? They have said they are investigating the matter and when a stand is taken by respondents (Centre, RBI and others) that they are investigating, how can we say anything at this stage?"
The apex court had on November 24 last year sought a response from the petitioner on the plea of market regulator SEBI that it has been dragged as a party in a PIL seeking a court-monitored CBI probe against Indians whose names have figured in the Panama papers for allegedly holding bank accounts in foreign countries.