LIVE! Jaitley: Most names in Swiss leaks list known to govt
February 09, 2015  11:39
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Finance Minister Arun Jaitley on Monday said the Centre has put in vigorous efforts towards digging black money during the last six to seven months.

Addressing the media in New Delhi, after an English newspaper listed out the name of 100 Indians who had Swiss bank accounts, Jaitley said "Most of the names revealed in the list today are known to the government."

"Some new names have been revealed, whose veracity would be checked by authorities," he added. He said assessment of 350 account holders have been done and the rest will be completed by March 31.

Sixty prosecutions have been launched on those who have stashed money in foreign banks, he said. The Finance Minister also said he had met top Swiss authorities in Davos, and agreed with them that admission by assessees would be considered additional evidence.
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