ID :
159016
Sat, 02/05/2011 - 17:05
Auther :

Govt sends notices to 17 related to Swiss black money trail

Kolkata, Feb 5 (PTI) Indian Finance Minister Pranab
Mukherjee Saturday said the government has served notices to
17 persons related to the Swiss Banks black money trail, but
it is not possible to reveal their names.
"We have received a few names and already served notices
on 17 persons and prosecution has begun," he said.
He said the government cannot reveal the names of
account holders who have stashed their money away in Swiss
banks as the information can only be used for taxation
purposes.
"The government, suo motu, cannot reveal the names
because according to treaty we can only use the information
for taxation purposes. We can only reveal the details in the
open court when the matter comes up for hearing," Mukherjee
said.

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