Monday, July 6, 2020
New Look 2015

Panama Paper Leaks: Multi Agency Group looking into fresh revelations, says Finance Ministry

The finance ministry said the fresh revelations under the ‘Panama Paper Leaks’ are being looked into by the Multi Agency Group (MAG), which includes the tax department and the Reserve Bank.

The ‘Panama Paper leaks’ were originally revealed by the International Consortium of Investigative Journalists (ICIJ) on April 4, 2016, following which, the Indian government had set up the MAG to probe the matter.

As per a report in a section of media, more than 1.2 million fresh documents, of which about 12,000 are linked to Indians, have come to light.

“The fresh release made in the media on Thursday under the ‘Panama Paper Leaks’ is being promptly looked into by the law enforcement agencies under the aegis of the MAG already constituted for facilitating coordinated and speedy investigation,” the ministry said in a release on Thursday.

It said the Panama Paper leaks involving 426 persons have been already investigated by the Income Tax Department and other member agencies of the MAG.

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