Black money case The Central government has named three persons who are black money account holders in an affidavit to the Supreme Court, according to TV reports.
As reported on Monday, the three persons named are Pradip Burman, director of the Burman Group, Pankaj Chimanlal Lodya, a Rajkot-based bullion trader and Radha S Timblo, a Goa-based miner and owner of Timblo Pvt Ltd.
The Narendra Modi-led government had said that it could not reveal names received from other countries, as it would be a violation of tax treaties with them.
The television reports also indicated that four members of the Congress Party, including a former minister of the previous UPA regime, are under investigation, and added that their names may be revealed after the probe is completed. Among the four Congress Party members, one belongs to a powerful political family in Maharashtra, the television reports further stated.
Meanwhile, Finance Minister Arun Jaitley had recently dropped “hints” that a minister in the previous UPA government may be one of those who had stashed money abroad.
“I know who you are hinting at. But please wait for the appropriate time,” Mr Jaitley told a news channel.
Asked if he was not denying that there could be a minister from the UPA government, Mr Jaitley quipped, “I am neither confirming nor denying, I am only smiling.”
He said that in case charges are “approved against some politician and that politician, he or she happens to be member of a political party, the names will be made public.”
Congress, however, retaliated saying that BJP failed to deliver on its promise of brining back black money in 100 days of being in power.