Govt gives apex court names of 18 persons in black money case

Press Trust of India New Delhi | Updated on November 24, 2017 Published on April 29, 2014

After resisting for more than three years, the Centre today revealed names of 18 persons in the Supreme Court who allegedly stashed black money with LST Bank in Liechtenstein and against whom prosecution has been launched by the Income-Tax Department.

The names, listed in the Centre’s affidavit, include Mohan Manoj Dhupelia, Ambrish Manoj Dhupelia, Bhavya Manoj Dhupelia, Manoj Dhupelia and Rupal Dhupelia from Ambrunova Trust and Marline Management.

The Centre said that I-T Department also found evidence against four members of Manichi Trust – Hasmuk Ishwarlal Gandhi, Chintan Hasmukh Gandhi, Madhu Hasmukh Gandhi and Late Mirav Hasmukh Gandhi.

It said that prosecution has been initiated against Chandrakant Ishwarlal Gandhi, Rajest Chandrakant Gandhi, Viraj Chandrakant Gandhi and Dhanalaxmi Chandrakant Gandhi from Ruvisha Trust.

Names of Arunkumar Ramniklal Mehta and Harshad Ramnikal Mehta from Dainese Stiftung and Dryade Satiftunf trust was also mentioned in the list.

KM Mammen from Webster Foundation, Arun Kochhar from Urvashi Foundation and Ashok Jaipuria from Raj Foundation were also named.

The Centre also placed in a sealed envelope the names of other individuals with respect of eight other cases in which it found no evidence of tax evasion and asked a Bench headed by Justice HL Dattu not to make public those names.

The Bench, also comprising justices Ranjana Prakash Desai and Madan B Lokur, however, said that it will discuss the content of documents among themselves and will decide the issue on May 1.

Notwithstanding the Supreme Court order in 2011 to make public the names of account holders in LGT Bank received by it in 2009 from German tax authorities, the Centre has not done so, drawing the ire of the apex court.

Published on April 29, 2014
This article is closed for comments.
Please Email the Editor