The Government of India has placed before the Supreme Court of India the names and documents of all 26 Indian account holders in Liechtenstein Bank in Germany. Names of 18 account holders have been made public, while the details of the remaining eight were given in a sealed cover. The disclosed names include five from Dhupelia family (trustees of Ambrunova Trust), four from Ruvisha Trust, four from Manichi Trust, KM Mammen of Webster Foundation, and two others. The names were given by Germany to the Indian government in 2009. The government told the Apex Court that the income tax probe against the 18 people was complete and prosecution procedures had been launched against 17. One person has since died. The court said it will discuss the content of the documents and hear the matter on Thursday.
Posted on: Tue, 29 Apr 2014 16:00:40 +0000
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