The UPA government has finally revealed 18 names of people with foreign bank accounts in the Supreme Court over the black money trial. All these names are having accounts at LST bank in Liechtenstein. Income Tax department has already started the probe into the case.
For the last three years government had been refusing to expose the names in the Black Money controversy for some unknown reason. However, on Wednesday the Centre has also submitted a sealed envelope with the names of other individuals whose name popped up in other eight cases but no trace of tax evasion found against them. Government requested the court not to expose those names in public.
The bench comprising of Justice HL Dattu, justices Ranjana Prakash Desai and Madan B Lokur have said that they will issue guidelines on it upon internal discussion.
“It is respectfully submitted that the information regarding deposits/outstanding amounts in the accounts maintained by 12 trusties/entities with LGT bank in Liechtenstein was received by government from German tax authorities in March 2009 under the Indo-Germany Double Taxation Avoidance Convention,” the government affidavit said.
“The 12 trusts/entitled involved 26 individuals of Indian origin. Out of the 26 cases, investigations in 18 cases have been concluded by the IT department and prosecutions have been launched in 17 cases (one tax payer has expired),” the affidavit added.
Here’s the controversial 18 names:
1. Mohan Manoj Dhupelia – Ambrunova Trust and Marline Management, Manichi Trust
2. Ambrish Manoj Dhupelia – Ambrunova Trust and Marline Management, Manichi Trust
3. Bhavya Manoj Dhupelia – Ambrunova Trust and Marline Management, Manichi Trust
4. Rupal Dhupelia – Ambrunova Trust and Marline Management, Manichi Trust
5. Hasmuk Ishwarlal Gandhi – Dainese Stiftung and Dryade Satiftunf trust
6. Chintan Hasmukh Gandhi – Dainese Stiftung and Dryade Satiftunf trust
8. Madhu Hasmukh Gandhi – Dainese Stiftung and Dryade Satiftunf trust
9. Late Mirav Hasmukh Gandhi – Dainese Stiftung and Dryade Satiftunf trust
10. Arunkumar Ramniklal Mehta – Dainese Stiftung and Dryade Satiftunf trust
11. Harshad Ramniklal Mehta – Dainese Stiftung and Dryade Satiftunf trust
12. KM Mammen – Webster Foundation
13. Arun Kochhar – Urvashi Foundation
14. Chandrakant Ishwarlal Gandhi – Ruvisha Trust
15. Rajest Chandrakant Gandhi – Ruvisha Trust
16. Viraj Chandrakant Gandhi – Ruvisha Trust
17. Dhanalaxmi Chandrakant Gandhi – Ruvisha Trust
18. Ashok Jaipuria – Raj Foundation
Government informed the court that IT department has started the prosecution against Chandrakant Ishwarlal Gandhi, Rajest Chandrakant Gandhi, Viraj Chandrakant Gandhi and Dhanalaxmi Chandrakant Gandhi.
Tags: 18 names with foreign account black money Black Money case Black Money trial india