HSBC's 700 accounts
Sucheta Dalal 27 Nov 2012

After the publicity and denials there is no followup on Arvind kejriwal revelations.


Sucheta Dalal

A few weeks ago, the charges of India Against Corruption (IAC) against HSBC and the 700 accounts, obtained from Geneva, truly seem like a case of ‘hit and run’. Everyone named by Arvind Kejriwal has got away by mouthing meaningless denials. HSBC itself has maintained a Sphinx-like silence that would do Sonia Gandhi proud. Here is one bank whose high-profile chairperson in Naina Lal Kidwai, is never asked uncomfortable questions during her many public appearances. That Moneylife provided specific evidence that the income tax department had started investigations over a year ago and had raided and questioned several Indians on that very list made no difference.

 

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