Black money trail: Germany to share second list of Indian Swiss accounts

NEW DELHI: A second list containing names of Indians, who have stashed black money in Swiss banks, will be shared by the Germans, Times Now reported.

Sources said that the list has 100 plus Indian names - most of whom have accounts in the Julius Baer bank - the same bank which has launched a witch-hunt against its former employee and 'whistleblower' Rudolph Elmer.

Names of 18 Indians, who had stashed away nearly Rs 40 crore in tax havens, were revealed early this year. The Liechtenstein list, accessed by the Germans and shared with the Indians was the first ever to make such valuable information available.

However, now a second revelation is in the offing. Sources have told Times Now, that a second list will soon be released to the Indian government. The list contains names of a 100 plus Indians who have stashed away black money in leading Swiss banks.

Among them is also - Julius Baer - the same Swiss bank which is now trying all legal means to retrieve information handed over by 'whistleblower' and sacked employee Rudolph Elmer to WikiLeaks founder Julian Assange.

Some of the names that the WikiLeaks founder is privy to are likely to figure in this highly anticipated 2nd list of Indian tax evaders. The German ambassador confirmed to Times Now that a big announcement was in the pipeline.

Sources said that tax authorities have already begun the process of collecting nearly Rs 25 crore in penalty from the 18 tax evaders, who figure in the Liechtenstein list.