05-02-2009, 07:54 PM
<b>Germany has given tax evaders' details to India: Government </b><!--QuoteBegin-->QUOTE<!--QuoteEBegin-->The finance ministry revealed this in a 27-page affidavit submitted to the apex court in response to a lawsuit accusing the Congress-led government of doing precious little to retrieve Indian black money stashed abroad, worth an estimated Rs.70 trillion.
In its affidavit, the government also told the court that after persistent efforts in collaboration with international community Switzerland agreed to make its secretive banking laws and norms more transparent in tune with the global standards.
Priya V.K. Singh, director of the department of revenue under the finance ministry, told the court that following its repeated efforts since Feb 27 last year, the government got the information on Indians having with secret accounts in <b>LGT Bank in Liechtenstein March 18 this year. </b>
The government, however, added in its affidavit that the information procured cannot be made public owing to the condition of strict confidentiality under which it was procured.
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Now Indian Embassy staff will use diplomatic package(These packages are exempt from any scan) to transfer loot to somewhere else.
In its affidavit, the government also told the court that after persistent efforts in collaboration with international community Switzerland agreed to make its secretive banking laws and norms more transparent in tune with the global standards.
Priya V.K. Singh, director of the department of revenue under the finance ministry, told the court that following its repeated efforts since Feb 27 last year, the government got the information on Indians having with secret accounts in <b>LGT Bank in Liechtenstein March 18 this year. </b>
The government, however, added in its affidavit that the information procured cannot be made public owing to the condition of strict confidentiality under which it was procured.
<!--QuoteEnd--><!--QuoteEEnd-->
Now Indian Embassy staff will use diplomatic package(These packages are exempt from any scan) to transfer loot to somewhere else.