“As far as the Swiss account money is concerned, whatever information our government has got we are investing all those," he said and added that a Special Investigating Team has been set up to look into the matter, as required by the Supreme Court in July 2011.

“SIT has been provided all the details it wanted. There was a media report that Swiss authority is eager to share other names in the matter as well. We wrote on June 23 to the Swiss authorities but they said the media report was unauthorised,” Jaitley said.

“As far as the present government is concerned, there is nothing to hide. This issue has been on for some time. We have taken it with some intensity. The Swiss law is important on this. We are keeping a close watch on changes being discussed in that country.”

Although there are no official estimates of the ill-gotten money stashed away by Indian citizens in tax havens overseas, various studies, including the one cited by a senior BJP leader, value it at between $462 billion and $1.4 trillion.

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