Emerging from the veil of decades long bank secrecy laws, Switzerland has reportedly provided information pertaining to some Indians holding Swiss bank accounts.
The move by Swiss authorities follows recent complaints from the Indian officials, who accused the country for not co-operating to nab the tax evaders, swissinfo.ch has reported.
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The State Secretariat for International Financial Matters in Switzerland head of communications Mario Tuor told swissinfo.ch that Switzerland had handed over information on a number of names "a few weeks ago".
However, the news portal did not reveal the type of details that were given to Indian authorities.
In March, Switzerland finance minister, Eveline Widmer-Schlumpf, received a letter from her Indian counterpart Palaniappan Chidambaram accusing for its lack luster approach towards the cooperation on the issue.
Chidambaram wrote that Switzerland had not offered administrative assistance to their investigation into suspected tax evasion.
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By GlobalDataIndia has been investigating into 782 names taken from a list of HSBC clients given to foreign authorities by former bank employee Hervé Falciani.
