New Delhi, November 15: As 125 crore Indians are reeling under Narendra Modi led government’s demonetisation drive to weed off counterfeit currency and black money, only 415 Indians have come under government’s scanner in Panama Papers leaks exposed seven months back by media.
As much as 70 names are untraceable reported Indian express.
The Panama Papers involved the names of several celebrities including politicians and businessmen across the world. Indian celebrities such as Aishwarya Rai, Amitabh Bachchan, KP Singh, Iqbal Mirchi, Adani elder brother were also in the list.
Seven months back the International Consortium of Investigative Journalists released Panama Papers that exposed more than 11 million documents of 2,10,000 companies in 21 offshore jurisdictions. The exposure listed more than 500 Indian names while the government sent 198 mentions to 13 jurisdictions for offshore enquiries.
As per the news report, now the Central Board of Direct Taxes (CBDT) forwarded about 415 names including 70 NRIs and 184 who accepted their involvement with the offshore companies in their names. However 70 of these names, are not traceable.
Following the rift after the leak, the government had said in the Parliament in April that action has been taken for all those who were named in the list and notices have been sent. However Arun Jaitely saved the buck for the largest tax evaders of the country by saying that, “tax laws in the country mandate that the names and details of the proceedings cannot be made public till cases are filed in courts.”