Swiss panel outs Indians with stash

Berne: Two Indian women figure among scores of foreign nationals with Swiss bank accounts, whose names have been made public by Switzerland in its official gazette for being probed in their respective countries.

No further details — other than their dates of birth — were made public for the two “Indian nationals” — Sneh Lata Sawhney and Sangita Sawhney. Making public these names, the Swiss Federal Tax Administration (FTA) asked the two Indians to file an appeal within 30 days before the Federal Administrative Court if they do not want their details to be shared with the Indian authorities under their ‘mutual assistance’ treaty on tax matters.

Similar is the case for other foreign nationals including the British, Spanish and Russians.