Name MPs holding accounts in Swiss banks: Advani
Name MPs holding accounts in Swiss banks: Advani
LK Advani said that the govt should present a status paper on black money during the winter session of Parliament.

Mumbai: BJP leader LK Advani on Saturday asked the government to disclose the names of three MPs who figure in the list of 700 Indians who have stashed funds in Swiss bank accounts, terming it as a serious matter which brings the issue of black money close to the political system.

"Three MPs have been named - one each from Kerala, Uttar Pradesh and Haryana - in the list of those having Swiss bank accounts. This is a very serious issue. If this is true, then obviously the issue of black money comes close to the political system. It cannot be dealt with only as a tax evasion case," Advani told reporters in Mumbai.

Demanding that full facts in this connection be made public, he said, "I, as an MP, have the right to know who they are and what action has been taken against them. It is not merely a case of tax evasion, it is a crime. Particularly if the amount is a large one, it may well be a case of money earned out of criminality."

Asking whether the Centre is really interested in exposing those who have funds stashed abroad, Advani said he has been demanding that the government must come out with a white paper spelling out steps taken to bring back the country's black money.

Countries like USA, Germany, France and even smaller nations like Philippines, Peru and Nigeria have taken a variety of measures to bring back black money parked in foreign bank accounts with great success.

"Why is the UPA government not ready to do the same," he asked.

Announcing that Parliament's winter session is bound to focus on black money, he said, "It would be appropriate if the government presents a status paper on black money during the upcoming session." he said.

The Income Tax department is probing a list of 700 Indians having accounts with a multi-national bank in Geneva after the government received information in this regard reportedly from the French government.

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