Pandora Papers: Multi-agency group will investigate
Pandora Papers: Multi-agency group will investigate the names involved, help will be taken from abroad.
There has been a stir after the names of many wealthy people including those in the Pandora Papers came to the fore.
Many big names have been revealed in this, including many big industrialists including cricketer Sachin Tendulkar.
The government has decided to investigate this. All the names of Indians who have come out so far in this disclosure will be investigated.
The responsibility of this investigation will be not one but several agencies together. The chairman of this multi-agency group will be the chairman of CBDT.
This group will include the Income Tax Department (IT), Enforcement Directorate (ED), Reserve Bank of India (RBI), and Financial Intelligence Unit (FIU).
The Government of India will also contact those countries for information about companies opened by Indians abroad, about which information has come to the fore so far.
Pandora Papers: There has also been talk of Reliance ADA Group Chairman Anil Ambani having about 18 companies abroad.
Of these, seven also took loans of $1.3 billion. Although the net worth of these companies is zero.
At the same time, his lawyer, in this case, says that Anil Ambani’s companies do business all over the world and according to the rules his companies are present in many countries.
This information has also been given to the Income Tax Department. This has been disclosed by the International Consortium of Investigative Journalists (ICIJ).
ICIJ has got information of more than 1.25 crore confidential documents which mentions secret financial transactions.
The ICIJ prepared a report with the help of 600 journalists from 150 media organizations in 117 countries.
The information that the Government of India has decided to take from abroad will now prove to be helpful in its work.
Let us tell you that the people whose names have been disclosed by the ICIJ include hundreds of leaders, billionaires, celebrities, religious leaders, and drug dealers from more than 200 countries of the world.
However, some people have categorically denied the inclusion of their names in it.
The names of 300 Indian people have also been mentioned in this report.
These include the names of Anil Ambani, Vinod Adani, Jackie Shroff, Kiran Mazumdar-Sha, Nira Radia, Sachin Tendulkar, and Satish Sharma.
Apart from this, the names of the Shah of Jordan, the President of Ukraine, Kenya, and Ecuador, the Prime Minister of the Czech Republic, and former Prime Minister of Britain Tony Blair.
Sin star, Shakira, and supermodel Claudia Schiffer are also included in this. The government has taken suo moto cognizance of the ICIJ report.
It has been said by the government that it will investigate the matter and take appropriate action as per law. However, no time frame has been fixed for the start or end of the investigation.
Biocon chief Mazumdar-Sha has said on social media that her husband’s name has been wrongly included in it.
She says that the trust in whose name her husband has been wronged by saying that there is financial misappropriation is in fact a legitimate trust.
