Await­ing de­tailed info on Par­adise Papers, says probe panel chief

The Hitavada - - SPORTS -

THE multi-agency group (MAG) on Par­adise Papers is look­ing to ob­tain more data on those In­di­ans named in the global tax leaks be­fore launch­ing an in­ves­ti­ga­tion, the head of the probepan­elonTues­day­said.

“Very sketchy in­for­ma­tion has come so far on these papers. Even the ICIJ web­site has said that they will up­load com­plete de­tails after Novem­ber 15 about these per­sons. Once we get the de­tails, we will start our in­ves­ti­ga­tions,” CBDT Chair­man Sushil Chan­dra said. Chan­dra heads the MAG that com­prises other probe and reg­u­la­tory agen­cies like the En­force­ment Direc­torate (ED), the Re­serve Bank of In­dia and the Fi­nan­cial In­tel­li­gence Unit (FIU).

“Un­til and un­less we know which year they (those named in the list) have opened the for­eign com­pany, which year the money has gone from here (In­dia), it is fu­tile to make an ex­er­cise now.

“Only when we have de­tails, we will match them with re­turns and then we will take fur­ther ac­tion,” he told re­porters on the side­lines of an event here.

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