Govt sends notices to 17 on black money issue
Govt sends notices to 17 on black money issue
Pranab however said can't reveal names of account holders, who have stashed money.

Kolkata: Finance Minister Pranab Mukherjee on Saturday said the Government has served notices to 17 persons related to the Swiss banks black money trail.

"We have got the information about 18 names. We have already sent notices in case of 17 persons, one person has died," he said.

But the Finance Minister said the Government cannot reveal the names of account holders who have stashed their money away in Swiss banks as the information can only be used for taxation purposes.

"The Government, suo motu, cannot reveal the names because according to treaty we can only use the information for taxation purposes," Mukherjee said.

The Government will disclose the names only in the court, reiterated the Finance Minister.

"When the case comes to the court for hearing, names will be disclosed. The prosecution will begin soon," he said.

(With inputs from PTI)

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