CORPORATE  PRESS  RELEASES  (INDIA) referral newsdesk, November 02,2014 SOURCE  ::  http://economictimes.indiatimes.com/news/politics-and-nation/how-black-money-finds-its-way-out-of-india-and-how-it-comes-back-as-white/articleshow/45007427.cms?google_editors_picks=true&google_editors_picks=true "The govt should use a carrot-and-stick policy with banks which facilitated in opening such accounts. The stick here is a huge penalty, and the carrot amnesty" R Prasad, former CBDT chairman. In February 2008, R Prasad, the then chairman of the Central Board of Direct Taxes (CBDT), led a team of tax sleuths to Port Louis, the capital city of Mauritius. Backed ...