Blackmoney: Dossier on 15 Entities With Government

Published: 20th May 2015 07:39 PM  |   Last Updated: 20th May 2015 07:39 PM   |  A+A-


NEW DELHI: The Supreme Court constituted Special Investigation Team (SIT) on black money has received a new dossier on tax related business information on about 15 entities which have allegedly stashed illicit money abroad.        

Work is also "in progress" in various investigation and enforcement agencies regarding 600 suspect names and addresses obtained from abroad by the Central Economic Intelligence Bureau (CEIB).    

The information about the dossier is part of a note prepared by the Central Board of Direct Taxes (CBDT) for the SIT.    

The note reveals that tax authorities and investigators probing black money cases have decided to hold one-on-one meetings with their overseas counterparts based in tax havens and other countries to "deepen" cooperation in the fight against illicit funds stashed abroad.       

The note also says that "certificates of incorporation" of eleven entities listed in the International Consortium of Investigative Journalists (ICIJ) report which were received from two foreign Financial Intelligence Units have been shared with CBDT for further action.  

Sources said they have got additional information on about four more entities in this regard. The dossier is said to contain information about the circuitous manner and the route taken by the entities to stash money abroad.        

The ICIJ brought out these names early last year while some additional details were published by the global group this year on suspected world entities holding assets and shares in overseas business structures, including those with Indian connections.  


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