The International Consortium of Investigative Journalists (ICIJ) has obtained 11.9 million documents from 14 global legal firms, leaked as 'Pandora Papers.' In India, the government has directed a multi-agency probe that involves the Reserve Bank of India, Financial Intelligence Unit, Enforcement Directorate and the Central Board of Direct Taxes.
The confidential documents disclose ownership of assets invested in private offshore trusts, investments held in shares, real-estate and others held by the offshore entities.Nearly 380 Indian nationals have featured in the Pandora Papers. Indian media houses have verified and collected documents in connection with 60 individuals and companies so far. Nearly 60 individuals and companies — of 300 Indian names listed — in the leaked documents were investigated.
The Pandora Papers lists the names of famous Indians such as Sachin Tendulkar, Anil Ambani, Purvi Modi, and Biocon entrepreneur Kiran Mazumdar-Shaw's husband.