Govt To Probe New Indian Names In HSBC List: Arun Jaitley

NEW DELHI: Finance minister Arun Jaitley said new names of Indians with Swiss bank accounts have come up and their veracity will be checked while 60 prosecutions have already been launched, as a fresh HSBC list revealed by an international body of journalists named more Indians, including big corporates and political leaders.

Jaitley said that the tax department has launched 60 prosecutions from an earlier list of Indian account holders in a Swiss branch of HSBC bank and most of the names revealed in Monday's list are known to the government.

"Some new names have been revealed whose veracity would be checked by authorities," he told reporters here, while adding that the government has put in vigorous efforts towards digging black money during the last 6-7 months.

He was reacting to a story in the Indian Express, which said that 1,195 Indian names figure in the HSBC list with a total balance of Rs 25,420 crore, as part of an investigation by an international body of journalists.

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