A new list released by Swiss Bank (UBS) has revealed the names of six Indians. The list contains over 2000 accounts and information of another 100 safe deposits. This comes after the Supreme Court and the Government of India have a launched a special investigation team to check for Black Money stashed abroad by Indians to prevent corruption.
This is the first time that a Swiss Bank has revealed names of its customers and account holders. The new list contains six Indians. The names are as follows.
1. Rosemarie Bernet
2. Charlotte Spencer
3. Pierre Vachek
4. Bahadur Chandra Singh
5. Dr Mohan Lal
6. Kishore Lall
However all names are not attached with addresses. In all of the six Indians, three of them live in Mumbai, one in Paris, and one does not have any location. These account holders have combined a wealth of about 300 crores. The bank out this details of unclaimed accounts. The bank also gives the time of up to 1-5 years for relatives or heirs to come out in their favour to claim the amount respective to their holder. In any case, none of the accounts is claimed then the bank would take away to add into the state treasury.
The list also contains holders from various other countries mainly Switzerland, UK, USA, Germany and France.
“If no conforming to the law claims the assets that have been published within 12 months of publication, the banks must by law transfer the assets in question to the govt. The names are published in the year of December 2015 is just over 2,600; connected to these names, there are current assets of around CHF 44 million. Also, around 80 safe-deposit boxes are currently published,” SBA said.