Making fresh allegations, Arvind Kejriwal accused multinational HSBC Bank of indulging in money laundering and claimed that Ambani brothers, Jet Airways Chairman Naresh Goyal and Congress MP Anu Tandon had parked their blackmoney in its Geneva branch.
Addressing a press conference on Friday, Kejriwal and lawyer Prashant Bhushan alleged around Rs 6,000 crore of blackmoney was lying in 700 accounts of the Geneva branch of the bank.
While the bank reacted cautiously to the charge saying that it takes compliance with the law wherever it operates very seriously, the Ambani brothers rejected the allegations and denied having any accounts there.
Goyal, on the other hand, said by virtue of being an NRI he was entitled to have foreign bank account but he also said he did not have any account in HSBC Bank, Geneva.
Similarly Burman brothers, promoters of Dabur India, who have been accused of having accounts in HSBC Bank Geneva, said “these accounts” were opened by the family members when they were NRI and were legally allowed to open such accounts.
“…It is unfortunate that every person having a foreign bank account is being painted with the same brush,” Dabur India said in a statement.
Describing the allegations as baseless and motivated, Tondon, also a former Managing Director of Motech Software, said “you go and ask him on what basis he is making such allegations. I don’t think he has anything to prove this.”
Kejriwal and Bhushan claimed that people who had deposited “small amounts of money” in the bank were raided but “big fish” like Mukesh and Anil Ambani, Goyal, Tandon and Burmans (Anand, Pradeep and Ratan) of Dabur were “let off” at the behest of the government.
The activists claimed that the Ambani brothers had Rs 100 crore each, Reliance Group’s Motech Software Rs 2,100 crore, late Sandeep and Anu Tandon Rs 125 crore each, Goyal Rs 80 crore and Dabur’s Burman brothers Rs 25 crore in the list of around 700 people having accounts in HSBC as of 2006.
Stating that one ED official had Rs 125 crore in Swiss bank, Social activist turned-politician Arvind Kejriwal alleged nexus between government, bureaucrats and these Industry houses for inaction.