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No information on black money list: FM

| | Jun 24, 2014, at 06:59 am
New Delhi, June 23 (IBNS): Union Finance Minister Arun Jaitley on Monday said the Indian government has not received any information from the authorities in Switzerland over the issue of 'black money' which is suspected to be stashed in Swiss banks.

"Though Ministry of Finance have not received any communication from the Swiss authorities. We are today writing ourselves to them so that details with regard to whatever information the authorities have can expedited and the cooperation between the Swiss authorities and the government of India can bring fruitful results," Jaitley told media.

The Swiss government has prepared a list of Indians who are suspected to hold black money accounts in the country's banks, said reports on Monday.

According to reports, Switzerland will share the list with the Indian government.

On June 2, the Special Investigation Team (SIT) to bring back black money held its first meeting in New Delhi.

"The First Meeting of the Special Investigating Team (SIT) was held here today under the Chairmanship of Hon’ble Mr. Justice M.B. Shah, former Judge of the Supreme Court," said a government statement.

During the meeting, detailed modalities of proceeding further with the Supreme Court mandate were discussed and the roadmap decided.

The SIT was recently constituted to implement the decision of the Supreme Court on large amounts of money stashed abroad by evading taxes or generated through unlawful activities.

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