Digging Black Money : prosecution initiated against 60 people : Finance Minister Jaitley

09 Feb, New Delhi
Finance Minister of India Arun Jaitley Monday said that as many as sixty prosecutions have been launched against those who have stashed money in foreign banks.

Talking to newsmen on the sidelines of a function in New Delhi Monday , Jaitley said Union Government has put in vigorous efforts towards digging black money during the last six to seven months.

Stating that most of the names revealed in the list in a English daily today are known to the government, Finance Minister said some new names have been revealed, whose veracity will be checked by authorities.

He said, assessment of 350 account holders have been done and the rest will be completed by 31st of next month.

The Finance Minister also said that he had met top Swiss authorities in Davos, and agreed with them that admission by assessees will be considered as additional evidence.