Sharma had accused the Finance Minister of plundering the capital reserve of the RBI. (Express photo by Amit Mehra)
The Supreme Court Friday dismissed a PIL raising allegations against Finance Minister Arun Jaitley of plundering the capital reserve of the Reserve Bank of India. The apex court also imposed a penalty of Rs 50,000 on advocate M L Sharma, who had filed the public interest litigation.
The apex court slammed lawyer M L Sharma for naming Finance Minister Arun Jaitley in the PIL. “You file PIL naming the Fin Min and saying he was likely to plunder RBI resources…?”, the court asked.
The bench, comprising Chief Justice Ranjan Gogoi and Justice S K Kaul, also directed the apex court registry not to allow Sharma to file any PIL till he deposits Rs 50,000. “We find no reason whatsoever to entertain this PIL,” the bench said.
Sharma had accused the Finance Minister of plundering the capital reserve of the RBI.