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Swiss govt readies list of black money holders

| | Jun 23, 2014, at 03:23 pm
Zurich, June 23 (IBNS) 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.

Image: Wikimedia Commons

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