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Falciani should share info without pre-conditions

Tuesday, Nov 3, 2015,15:44 IST By Metrovaartha A A A

New Delhi | Assuring action on black money, government today said HSBC whistle blower Herve Falciani should share information without pre-conditions, a day after he expressed willingness to cooperate with probe agencies but stressed that he would need protection. Relying to queries, Finance Minister Arun Jaitley said that the government’s representative has already met Falciani and offered a reward in exchange for information.

Government of India is making all efforts to bring the details of black money accounts. The number of prosecutions that we launched in last one year were not done earlier. Whoever has whatever details, he or she should give to to us instead of putting any pre-conditions, Jaitley said addressing a curtain raiser press conference on IFFI where he was asked about Falcini. We will take action on the black money front, Jaitley said.

Claiming that lot of information on illicit funds is lying unused by the Indian authorities, Falciani yesterday said he was willing to cooperate with the investigative agencies in their black money probe but would need protection as he faced the risk of arrest if he came to India. He also claimed that millions of crores worth illicit funds are flowing out of India.