Blacklist Mine Owner Named in Black Money Case: Goa Foundation

Published: 27th October 2014 11:45 PM  |   Last Updated: 27th October 2014 11:45 PM   |  A+A-


PANAJI: Goa Foundation, which had approached the Supreme Court against illegal mining in the state said here today that the mine owner named in the first list of people who allegedly parked money abroad should be blacklisted from the mining business.

"As far as I know, the consequence of finding the mine owner's name in the list of those who parked black money abroad should be that she should be blacklisted from conducting mining operations," Goa Foundation's Director Claude Alvares told PTI today.

"I don't know under which law or constitution she would be allowed to mine again in Goa," Alvares said.

The CBI list submitted to the Supreme Court has named three people including Goa based mine owner Radha Timblo for parking money in Swiss banks.

Timblo has refused to comment stating that she is yet to read the affidavit filed before the Supreme Court.

Alvares said that this is only the first case and there are several cases of miners and private companies who have parked their money abroad.

He said that the Reserve Bank of India (RBI) has not allowed any mine owner to deposit money abroad.

Meanwhile, in his initial reaction, Goa Chief Minister Manohar Parrikar refused to talk about the blacklisting of the mine owner.

"I have not seen the affidavit. I will be able to comment on it only after reading it," he reacted.

Stay up to date on all the latest Nation news with The New Indian Express App. Download now


Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on are those of the comment writers alone. They do not represent the views or opinions of or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp