The Indian authorities have disclosed names of more eight businessmen accused of stashing black money in foreign banks.
The accused include Pradip Burman, a former executive with the Dabur consumer goods group, bullion trader Pankaj Chamanlal Lodhiya, Goa mining company Timblo Private Ltd and five of its directors — Radha Satish Timblo, Chetan S Timblo, Rohan S Timblo, Anna C Timblo and Mallika R Timblo.
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The names of the accused have been received from French authorities and other countries.
The Supreme Court has already initiated prosecution of the named individuals under the Income Tax Act for alleged tax evasion.
However, all the individuals have denied the charges.
With a commitment to unveil more such names in the future, the government said that it was "keen to unearth black money held abroad" and would "use all diplomatic and legal means and also all investigating agencies to obtain information that could assist in such unearthing."
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