Two Indian women figure among scores of foreign nationals with Swiss bank accounts whose names have been made public by Switzerland in its official gazette for being probed in their respective countries.
The Swiss Federal Tax Administration (FTA) has asked the two women, Sneh Lata Sawhney and Sangita Sawhney, to file an appeal within 30 days before the Federal Administrative Court if they do not want their details to be shared with the Indian authorities under their mutual assistance treaty on tax matters.
Sneh Lata Sawhney was among the names reported by The Indian Express on February 9, 2015 as part of its “Swiss leaks” investigation. The Indian Express, in collaboration with the International Consortium of Investigative Journalists and Le Monde, had revealed that there were 1,195 Indians who held HSBC Geneva accounts, almost double the 628 names received by the Indian government.
The original article can be found at indianexpress.com