Posted On Saturday, November 10, 2012 at 09:11:12 AM
Arvind Kejriwal said while I-T officials raided small fish, it let off the bigwigs
In his latest round of allegations, Arvind Kejriwal on Friday targeted multinational HSBC Bank, accusing it of money laundering, and claimed Ambani brothers, Jet Airways owner Naresh Goyal and Congress MP Annu Tandon had parked black money in its Geneva branch.
Addressing a press conference in Delhi, Kejriwal and lawyer Prashant Bhushan alleged that around Rs 6,000 crore of black money was lying in 700 accounts of the Geneva branch of the bank.
They claimed that people who had deposited ‘small amounts of money’ in the bank were raided but ‘big fish’ like Mukesh and Anil Ambani, Naresh Goyal, Tandon and Burmans (Anand, Pradeep and Ratan) of Dabur were ‘let off’ at the behest of the government.
The India Against Corruption activists claimed that the Ambani brothers had Rs 100 crore each, Reliance Group's Motech Software Rs 2,100 crore, Anu Tandon and her husband Sandeep Rs 125 crore each, Naresh Goyal Rs 80 crore and Dabur's Burman brothers Rs 25 crore in the list of around 700 people who’ve had accounts in HSBC as of 2006.
Kejriwal alleged that the UPA government under Prime Minister Manmohan Singh had "sold out" and expressed fears that terrorists and criminals could exploit HSBC’s money transfer methods for nefarious activities in the country.
Though they do not have "official documents" with regard to the businessmen holding accounts, Kejriwal claimed they checked with several sources after receiving an input from asenior Congress leader, who was inducted into the government in the recent cabinet reshuffle.
He also provided the statements of three persons, who featured in the list and were questioned by the Income Tax officials. They have told interrogators that HSBC facilitated the opening of their accounts without them going to Geneva, Kejriwal said.
The money would be handed over to an agent in India for deposits. “Whenever the account holders wanted to withdraw, they would call up a person in Geneva and the amount was delivered in India,” he alleged.
“There is no physical transfer of money. This is money laundering. The statements by the three persons reveal that HSBC is openly and brazenly running a hawala racket in India,” said Kejriwal.
Barrage of denials post Kejriwal's charg
As part of normal business, international subsidiaries of RIL deal with several global banks including HSBC. These accounts are fully complaint with all regulations and are disclosed in their appropriate jurisdictions and in India.
Mr Anil D Ambani had no bank accounts with HSBC in Geneva.
These accounts were opened by the Burman family members when they were NRIs, and were legally allowed to open such accounts.
- Dabur India
There’s no account in the name of Mr Goyal in the Swiss bank as has been alleged.
- Jet Airways
The bank cannot comment on the specific details of the allegations that have been made, which relate to issues in the past.
- HSBC bank