Black money list revealed

CA Manikandan Raghunath ( ) (609 Points)

05 February 2011  

 

After two years of debates and controversies the list of eighteen Indians who have stashed ‘black money’ in the LGT bank of Liechtenstein is out.

 

 

The list which was officially handed over to the Indian Government on March 18, 2009 includes 12 trusts and 26 beneficiaries.

 

The list that Germany shared with India had 12 trusts out of which four belong to Indians. The beneficiaries are

1. Manoj Dhupelia
2. Rupal Dhupelia
3. Mohan Dhupelia
4. Hasmukh Gandhi
5. Chintan Gandhi
6. Dilip Mehta
7. Arun Mehta
8. Arun Kochar
9. Gunwanti Mehta
10. Rajnikant Mehta
11. Prabodh Mehta
12. Ashok Jaipuria
13. Raj Foundation
14. Urvashi Foundation
15. Ambrunova Trust

According to CNN IBN, the amounts in the twelve accounts totals nearly to Rs 52 Crores.

The list has been leaked out of various media houses across the country. However, experts are of the view that this could be a plant – while the real account holders are some where out there.