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India reveals names to recover foreign assets

Published Mon, Oct 27, 2014 · 09:50 PM

New Delhi

INDIA'S government revealed on Monday the names of three prominent businessmen accused of illegally stashing funds in foreign bank accounts as it seeks to recover billions of dollars parked abroad.

The ruling right-wing Bharatiya Janata Party (BJP) pledged to crack down on "black money" after winning power in May, accusing the previous Congress government of failing to get tough on the issue that had become a political lightning rod.

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