Act against HSBC, says Kejriwal

AAP leader Arvind Kejriwal Monday urged the government to act against HSBC Bank to unearth further details of Indians stashing black money abroad.

"Why doesn't the BJP government act against HSBC officials? They will spill the beans. (The) US did precisely that," the former Delhi chief minister tweeted.

He said the names of people he had revealed at a press conference in November 2012 claiming to have black money abroad were there in Monday's edition of The Indian Express. "We stand vindicated."

He added: "But (the) bigger question is - what did first (the) Congress and now the BJP do? Nothing? Why?"

The Express revealed Monday in a story done in collaboration with Le Monde and the International Consortium of Investigative Journalists that there were 1,195 Indians who held accounts with HSBC abroad.

These included leading industrialists, diamond traders and politicians.

The Express said the list may include legitimate account holders who had taken permission and have declared the accounts besides those who have undeclared accounts and who will have to pay taxes and penalty.