Mumbai: Reliance Industries and Jet Airways, two of India's biggest companies, denied allegations from anti-corruption activist Arvind Kejriwal who accused executives of holding undeclared Swiss bank accounts.
Kejriwal from India Against Corruption on Friday said Reliance Industries chairman Mukesh Ambani and his brother Anil held the accounts in a branch of UK-based HSBC in Geneva.
He also accused Naresh Goyal, the chairman of Jet Airways of holding "black money" accounts, a term widely used in India to describe funds meant to avoid taxes.
Jet Airways, India's biggest airline, called Kejriwal's accusation against its chairman "entirely false."
09/11/12 Reuters
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Kejriwal from India Against Corruption on Friday said Reliance Industries chairman Mukesh Ambani and his brother Anil held the accounts in a branch of UK-based HSBC in Geneva.
He also accused Naresh Goyal, the chairman of Jet Airways of holding "black money" accounts, a term widely used in India to describe funds meant to avoid taxes.
Jet Airways, India's biggest airline, called Kejriwal's accusation against its chairman "entirely false."
09/11/12 Reuters
