Berne: Industrialist Yashovardhan Birla, also known as Yash Birla, as well as two Mumbai-based individuals behind the City Limouzine scam, were among five Indian nationals with Swiss bank accounts whose names have been made public in Switzerland’s official gazette with regard to the ongoing tax probes against them in India.
The other two are Gurjit Singh Kochar, son-in-law of late realty baron Ponty Chadha, and a Delhi-based businesswoman Ritika Sharma. In the case of Sayed Mohamed Masood, being probed for a ponzi scheme run from Mumbai through City Limouzine, some details were shared by Swiss authorities in the past.
His accounts were also frozen a few years ago following a request from the Enforcement Directorate. Fresh details about him and about Chaud Kauser Mohamed Masood have been sought.
BLACK LIST
- Yashovardhan Birla is the chairman of the Yash Birla Group which is into steel products, electrical appliances, health, lifestyle, education etc.
- The group’s website says he has a masters in commerce and a law degree
THE OTHERS WANTED
- Gurjit Singh Kochar, son-in-law of late realty baron Ponty Chadha
- Ritika Sharma, a Delhi-based businesswoman
- Sayed and Chaud Kauser Mohamed Masood of Mumbai-based City Limouzines, accused of running a ponzi scheme
