London: NRI industrialist Lord Swraj Paul today said that all his bank accounts were legitimate.
“All my accounts are legitimate. I am responsible for them. I pay full taxes where due,” he said reacting to media reports about Swiss bank account holders in which his name figures.
On Monday, an Indian Express investigation revealed 1,195 Indian HSBC clients, roughly double the 628 names that French authorities gave to the Government in 2011. In its response Switzerland today said these are from “stolen data”—an assertion that might make it difficult for India to get details on these accounts without any additional evidence.
Lord Swraj Paul is an Indian-born, British-based business magnate, philanthropist, and Labour politician.
