Many individuals and companies from India named in the list of people and companies who have invested in tax havens — including British Virgin Islands, Singapore, Cayman Islands, Cook Islands — are under the lens of government agencies.
“There are many common names in the list released by the International Consortium of Investigative Journalists (ICIJ). The probe is on,” a senior finance ministry official told HT.
In April itself, the Central Economic Intelligence Bureau (CEIB) had sent a list of hundreds of Indians to the IT authorities and the Enforcement Directorate.
“A cross-referencing of the names and addresses of individuals with the dossier available with the CEIB revealed several matches indicating their role in illegal activities. These matches have been sent to the authorities,” the official added.
The CEIB maintains a list of nearly 17,000 case particulars and 3,100 dossiers of individuals and companies.