No authentic figures on black money deposits: Fin Min

The Ministry has received certain "references" but declined to make the information public.

PTI | April 21, 2011



As the tussle seeking disclosure of names of people who have stashed black money abroad continues in Supreme Court, the Finance Ministry says it has "no authentic figures" about the quantum of money deposited in Swiss banks.

The Ministry also said that certain "references" have been received on the black money issue but declined to make the information public since it will "impede the process of investigation" as the case is being heard in the apex court.

"There are no authentic figures about the amount of deposits held by Indian citizens in Swiss Banks, which are exclusive of their lawful and legitimate deposits," the Ministry said in reply to an RTI query.

"Certain references have been received on this issue on which appropriate action is being taken.

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