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Govt pursuing black money, cases against 18 in Liechtenstein

Finance Minister Arun Jaitley Thursday said a lot of ground has been covered by the government in unearthing black money and cases have been filed against 18 "illegal" account holders of the 28
accounts identified in the tax-haven of Liechtenstein.

Jaitley, who replied to a spirited debate in the Lok Sabha on the issue of black money, said 427 Indians have been identified of the 627 foreign bank account holders, which were furnished to the Supreme Court in a sealed envelope.

He said 250 had admitted to such accounts.

The Congress staged a walk out to express its dissatisfaction with Jaitley’s reply.

The house saw concerted attempts by the opposition to nail down the government on the issue of black money, with many leaders alleging that the BJP has not been able to fulfill its poll promise.

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