Weekly news magazine Tehelka has disclosed names of 12 individuals and three trusts that hold account in the LGT bank of Liechtenstein, a well-known tax haven, 190 km from Munich, Germany.
According to the magazine the names are — Manoj Dhupelia, Rupal Dhupelia, Mohan Dhupelia, Hasmukh Gandhi, Chintan Gandhi, Dilip Mehta, Arun Mehta, Arun Kochar, Gunwanti Mehta, Rajnikant Mehta, Prabodh Mehta, Ashok Jaipuria, Raj Foundation, Urvashi Foundation and Ambrunova Trust. Whether the names are genuine or fictitious, is yet to be seen.
According to the magazine, the trusts in the list are registered outside India. A list of 18 names was handed over to the government on March 18, 2009. The magazine also claimed that the Income Tax department will very soon prosecute these individuals on the charges of evading taxes.