• Obulapuram Mining Company (OMC), under invoicing of iron ore consignments, gali brothers wealth in tax havens, Tax havens

    Gali brothers’ wealth in tax havens 29 July 2011

    The final report of the Karnataka Lok Ayukta into the illegal mining in the state has established that the powerful Reddy brothers of Bellary, Gali Janardhan Reddy and Gali Karunakar Reddy, have stashed away huge funds in tax free havens...

    Keywords: Karnataka Lok Ayukta, tax havens, chief minister BS Yeddyurappa, the British Virgin Islands.

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    Tainted, Scams, black money epidemic plunders the nation, Tax havens

    Black money, epidemic, plunders the nation 09 May 2012

    The epidemic that has plagued the country since independence is hoarding of money and predominantly in safe deposit lockers on distant lands. Addressing the issue as tenderly as possible the government plans a soft action plan against the hard core...

    Keywords: Swiss banks, Hoarding money, Hoarding money, Tax havens.

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