FM rules out naming black money holders
Kolkata: Finance Minister Pranab Mukherjee on Saturday yet again ruled out disclosing names of those who have stashed away money in tax havens abroad but disclosed that notices have been sent to 17 of the 18 names of account holders in a bank in Liechtenstein.
He was talking to reporters a day after the media put out details of a list of 18 names, including 15 individuals and three foundations, holding accounts in a Lichtenstein Bank.
Recalling his press conference in Delhi last week, Mukherjee said government was not not in a position to disclose the names it has got of those holding secret accounts abroad and these will be known once the matter comes up in court.
"I had said in my earlier press conference as and when there will be prosecution and the matter will come to the open court then the names will be disclosed.
"But government suo motu cannot disclose the names. These are their concealed income. We have given the notices and prosecution will start very soon," he said.
Mukherjee said "of the 18 names we got we have already started prosecution. Notices have been issued in case of 17 persons. One person is dead so no no prosecution could be made."
The Finance Minister had at a press conference last week ruled out disclosing the names of account holders abroad citing absence of legal framework as a reason.
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