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Tuesday, August 25, 2009

India to seek info on some cases from Swiss banks

New Delhi, Aug 24 (PTI) A day after Swiss banks said it will not allow India to 'fish' for details about illegal money stashed in their banks, Government of India Monday night said it was not interested in getting information on all secret accounts held by Indians but will pursue specific cases.

The Indian response to the stand by the Swiss Bankers Association(SBA) that it will not allow "name-fishing expeditions" came from India Finance Minister Pranab Mukherjee even as the government came under attack from the opposition for not "properly" making efforts to unearth black money parked in Switzerland.

"They (Swiss Bankers Association) have not refused (to divulge information). They have suggested they are not for fishing and we are also not interested in fishing their whole list (of bank accounts)," Mukherjee told reporters.

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