New Delhi, Oct 20 (Inditop.com) Finance Minister Pranab Mukherjee Tuesday said he will take up the issue of ill-gotten money in India parked in Swiss banks when he visits the country in December.
Speaking to reporters at the launch of the National Skills Development Corp, Mukherjee said India was already following the guidelines on money laundering issued by the Organisation for Economic Co-operation and Development (OECD).
“There is a provision in OECD, which we have adopted,” he said referring to Clause 17 of the OECD Guidelines, governing the protection and privacy of data, including crossborder flow of personal information, to prevent the flight of black money.
The finance minister also explained there were certain provisions that could be used by India to track black money and keep a check on money laundering activities.
