The
Finance
Ministry
on
Monday
said
in
a
statement,
that
a
multi-agency
will
investigate
the
revelations
in
the
'Pandora
Papers'.
He
also
assured
that
if
found
guilty,
appropriate
action
will
be
taken
as
per
law.
The
Pandora
Papers
has
named
300
Indians
including
Anil
Ambani,
Vinod
Adani,
Jackie
Shroff,
Kiran
Mazumdar-Shaw,
Niira
Radia,
Sachin
Tendulkar,
Satish
Sharma
and
more,
reported
The
Hindu.
The
statement
said,
"The
government
will
also
proactively
engage
with
foreign
jurisdictions
for
obtaining
information
in
respect
of
relevant
taxpayers
and
entities." It
also
added
that
India
is
part
of
an
Inter-Governmental
Group
that
ensures
"collaboration
and
experience
sharing
to
effectively
address
tax
risks
associated
with
such
leaks".
According
to
the
statement,
the
multi-agency
group
will
be
headed
by
the
Central
Board
of
Direct
Taxes
chairman,
along
with
representatives
from
the
Enforcement
Directorate,
the
Financial
Intelligence
Unit
and
the
Reserve
Bank
of
India.
The
agency
is
expected
to
keep
a
tab
of
the
phased
disclosures
from
the
Pandora
Papers
indicated
by
the
International
Consortium
of
Investigative
Journalists
(ICIJ)
website.
According
to
reports,
undisclosed
credits
of
approximately
₹20,352
crore
have
been
detected
in
the
investigations
carried
out
in
the
Panama
and
Paradise
Papers
by
released
on
September
15.
Many
of
the
people
mentioned
on
the
list
have
rejected
financial
misdoings.
However,
Rights
group
Oxfam
India
has
called
for
immediate
action
by
authorities
and
abolishing
tax
havens
following
the
expose
of
the
Pandora
Papers.
Other
international
celebrities
on
the
list
include
singer
Shakira,
Jordan's
King
Abdullah
II,
several
members
of
Pakistan
Prime
Minister
Imran
Khan's
close
circle,
UK
Prime
Minister
Tony
Blair
as
well
as
Russian
President
Vladimir
Putin.