Panama Papers: All will be investigated says Jaitley

Prosecutions are being filed wherever documents are coming.

Everyone named in the Panama Papers case will be investigated, Finance Minister Arun Jaitley said.

"Nobody has ever taken more action than this government on foreign account details which have come," Jaitley said in Rajya Sabha. We have a rule of law. We do not have a system like the neighbouring country where you remove first and then have a trial, Jaitley also said.

Tax authorities are conducting investigations and prosecutions are being launched in cases where documents have been received. "We first make our own investigations and on each one of those cases, whether it is Liechtenstein cases or HSBC cases or other cases which have come to the notice or the Panama, in each case, we have been touch with the regular authorities of the country where these accounts are," the Finance Minister also said.

Prosecutions are being filed wherever documents are coming. Assessment proceedings are being cleared and there is no prohibition on publishing their names once the prosecutions are filed because they are filed in India in open court."

OneIndia News