02 October, 2020

Overseas Investors

Overseas Investors

Don’t be shocked if we tell you that some of the Lok Sabha members have actually disclosed their investments and assets in foreign countries. Although no one has really talked about their Swiss bank accounts or others in tax haven countries, they have mentioned investments in shares of foreign companies and immovable assets (properties) in the US. One must still say that it’s a good beginning to bring in transparency in politics.

Rahul Gandhi, Congress
83% stake in Backops services, 100 shares of Intel, 18 Ericsson, 52 Palm, and three foreign bank accounts in the UK and the US ($18,000 & £26,400)

Madhu Goud, Congress
Rs 21 lakh in shares in an account with Charles Schwab of New York



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