Activist-turned-politician Arvind Kejriwal on Friday alleged that brothers Mukesh and Anil Ambani and Congress MP Annu Tandon, among others, have crores of rupees deposited in banks in Switzerland.
Kejriwal had earlier 'exposed' Robert Vadra, BJP president Nitin Gadkari, Mukesh Ambani led Reliance Industries, and Union external affairs minister Salman Khurshid.
Here are the main highlights of Arvind Kejriwal led India Against Corruption's press conference:
* Present CBI director has said that more than $ 500 billion of Indian black money was stashed abroad
* In July 2011, Indian government received a list of roughly 700 people having bank accounts in HSBC, Geneva
* On receiving this list in July 2011, immediately, Income Tax department started conducting raids. Three raids were conducted on 28th July 2011 in Delhi.
* The three gentlemen admitted that they had Swiss bank accounts, which had not been declared for taxation.
* Mukesh Ambani has Rs. 100 crores, Anil Ambani - Rs. 100 crores, Sandeep Tandon - Rs. 125 crores, Reliance Industries - Rs. 200 crores, Anu Tandon - Rs. 125 crores, Motech Software Private Ltd (Reliance Group company) - Rs. 2,100 crores, Kokila Dhirubhai Ambani has an account but in December 2006 it had no balance, Naresh Goyal - Rs. 80 crores, Burmans - 3 members have accounts - totalling Rs. 25 crores, Yashovardhan Birla - no balance.
* Ambani brothers have admitted to having Swiss accounts and have paid taxes on the amounts that exist in their personal names
* But the bigger question is – why were people with small amounts raided by income tax department and those with much bigger amounts not raided?
* It is also understood that then finance minister Pranab Mukherjee was planning to bring a Voluntary Disclosure of Income Scheme (VDIS) to help these 700 people.
* Later, he (Pranab) dropped the idea. Rather than do it formally through a VDIS, Mr Mukherjee granted immunity from prosecution under Income tax Act, according to some media reports.
* Opening an account in HSBC is muh easier than SBI. You show interest in opening an account and they visit you. By evening, your account is operational.
* You don’t need to go out of India to open an account. Likewise, you don’t need to visit abroad to operate your account. You are given the name and mobile no of someone in Geneva.
* If you have to deposit cash or withdraw money, you just call up that person. Immediately someone in India from HSBC would visit your house. If you have to deposit cash, you hand over the cash to that person. Corresponding amount in dollars would get credited to your account in Switzerland.
* Top officials of HSBC should be immediately arrested under Prevention of Money Laundering Act. Is this not a fit case for charging them against sedition and raging war against India?
* All those whose names figure in the list of 700 people, including Ambanis, Burmans and Birlas should be raided and their statements recorded.
* Like in the US, HSBC should be asked to provide complete list and bank all Indians who have had their accounts in its Geneva branch in last ten years.
* They should be arrested if they are found prima facie guilty to have sent their money abroad through hawala and if they are prima facie guilty under PMLA or PCA.
You can read the entire press release here