The Supreme Court had ordered the Centre to form a SIT by 28th May
The SIT on black money, notified on Wednesday by the finance ministry , will have its own investigating unit with officials drawn from agencies like the CBI, I-T, ED, IB, and the Serious Fraud Investigation Office.
This `separate infrastructure' of the SIT will conduct and coordinate a multi-agen cy probe on all cases of black money , said a top finance ministry official. This is a departure from the UPA regime where then finance minister Pranab Mukherjee had constituted Directorate of Criminal Investigation within the I-T and had mandated it to probe all black money cases.
The SIT is to be headed by Justice M B Shah, a retired judge of the SC.
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