Black money list: Centre names Dabur’s Pradip Burman, 2 others in affidavit to Supreme Court
New Delhi: The Union government has named three persons who are black money account holders in an affidavit to the Supreme Court, according to TV reports.
Read: Black money case: Lodhiya denies having Swiss bank account
As reported on Monday, the three persons named are Pradip Burman, director of the Burman Group, Pankaj Chimanlal Lodya, a Rajkot-based bullion trader and Radha S Timblo, a Goa-based miner and owner of Timblo Pvt Ltd.
The Narendra Modi-led government had said that it could not reveal names received from other countries, as it would be a violation of tax treaties with them.
Government files affidavit in SC disclosing names of black money holders pic.twitter.com/vl4hAjEFpV
— ANI (@ANI_news) October 27, 2014The television reports also indicated that four members of the Congress Party, including a former minister of the previous UPA regime, are under investigation, and added that their names may be revealed after the probe is completed. Among the four Congress Party members, one belongs to a powerful political family in Maharashtra, the television reports further stated.
Read: Black money issue: Congress accuses Arun Jaitley of bluffing people
The Centre told the court that it had no intention to withhold names of persons who have stashed black money abroad and stated that information received from foreign countries will be disclosed in all cases where tax evasion is established.
Every foreign account held by an Indian may not be illegal, the Centre said, adding that names cannot be disclosed unless there is prima facie evidence of wrongdoing.
It also told the court that Switzerland has indicated willingness to provide information on black money in cases where probe has been done by IT department.
Govt must act lawfully,must do things which are under law : Salman Khurshid,Former EAM on black money holders pic.twitter.com/vYELg51kuz
— ANI (@ANI_news) October 27, 2014