Searches Conducted On Wealthy Indians Named In Pandora Papers
NDTV
The Multi-Agency Group has started cracking down on wealthy Indians named in the investigative report
The Multi-Agency Group, which has been set up by the government to monitor investigations into the Pandora Papers case, has started cracking down on wealthy Indians named in the investigative report.
Three entities named in Pandora Papers have been searched by the Income Tax Department and more will soon face action, official sources said.
JCT Group's Samir Thapar, who is also a relative of late Congress leader Satish Sharma, as well as Hiranandani Group, were searched by Foreign Asset Investigation Unit (FIAU) last month.
FIAU was created last year to probe cases of undisclosed assets held by Indians abroad and also cases related to possession of black money in foreign shores.
