Industrialists react to Swiss leaks, say black money claims false | business | Hindustan Times
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Industrialists react to Swiss leaks, say black money claims false

business Updated: Feb 10, 2015 02:02 IST
HT Correspondent
Narayan Rane

Denying claims of illicit money parked abroad, top industrialists and politicians like the Ambani brothers, Jet Airways chairman Naresh Goyal and former Maharashtra chief minister Narayan Rane said such claims were false.

“There is no black (money)...There is nothing to hide, nothing to worry. (I am) following all regulations and rules,” Goyal said.

A Reliance Industries spokesperson said, “Neither Reliance Industries nor Mukesh Ambani have or had any illegitimate bank accounts anywhere in the world.”

A spokesperson for Anil Ambani also said that he did not have any overseas HSBC account.

Former Maharashtra chief minister Narayan Rane too denied the allegations, saying neither he nor his family members held any accounts in Swiss banks.

“My name had figured earlier too but there is no truth in it. Neither me nor my wife nor my family has any account abroad,” he said. Spokespersons of Emaar MGF and Dabur group-promoter family Burmans, however, refused to comment on the issue.

Names of many prominent industrialists had featured in a report by the Indian Express.

According to the report, 1,195 Indian names figure in the HSBC list with a total balance of `25,420 crore as part of an investigation by an international body of journalists, the International Consortium of Investigative Journalists (ICIJ).

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