NEW DELHI – The Indian government filed an affidavit before the Supreme Court this week in the black money case, naming three prominent businessmen, including Pradip Burman, formerly of Dabur group.
Goa-based miner Radha S Timblo and bullion trader Pankaj Chimanlal Lodhya were the other two businessmen named in the affidavit.
The Govt told the court that it had no intention to withhold the names of persons who have stashed black money abroad and stated that the information received from foreign countries will be disclosed in all cases where tax evasion is established.
Every foreign account held by an Indian may not be illegal, the Centre said, adding that the names cannot be disclosed unless there is prima facie evidence of wrongdoing.
It also told the court that Switzerland has indicated its willingness to provide information on black money in cases where probe has been done by IT department.
