NEW DELHI: The Government has completed investigation against persons named in HSBC and Liechtenstein banks for blackmoney stashed abroad and made an assessment totalling around Rs 15,000 crore in the two cases.
Disclosing this during Question Hour in the Rajya Sabha, Finance Minister Arun Jaitley said investigation against 628 persons named in the HSBC list of Indians holding foreign bank accounts has been completed, an assessment to the tune of Rs 8,437 crore in 409 of these cases made and 119 prosecutions filed against them.
The Government has also assessed each of those named by the Liechtenstein Bank and an assessment of around Rs 6,500 crore of undeclared income by them has been made, he said.
Jaitley was responding to a question by Ram Jethmalani after an almost 30 minutes of acrimonious exchanges between ruling BJP and opposition members on the issue of black money.
The heated arguments began after the 94-year old veteran lawyer and suspended BJP member asked the Government whether it had made any effort to get the names of blackmoney holders offered by Germany. (AGENCIES)
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