Govt tells SC it can probe only 18 a/cs

NEW DELHI: Germany gave information about 26 accounts held by Indians in LGT Bank, but tax evasion proceedings could be initiated against only 18 resident citizens, the Centre informed the SC on Wednesday.

The Centre handed a sealed report containing the names of eight persons who too allegedly parked money siphoned from India in LGT Bank accounts. They were outside India's jurisdiction, hence, were not proceeded against, it said. "We are ready to share information with the court," said solicitor general Gopal Subramaniam .