
According to the sources, the first list includes, businessman Pradip Burman, Pankaj Chimanlal Lodhiya, Radha Timblo and the Timblo Group directors.
The Modi government's move came after it faced flak for refusing to make the names of black money hoarders public, citing that it would violate the bilateral treaty conditions.
The apex court had directed the then UPA government to form a special team to look into the black money issue after it was raised by senior SC lawyer Ram Jethmalani.
The Centre wants to steer clear of the controversy that it's following the former UPA government's policy by not revealing the names of foreign account holders.
Taking on the BJP government on its stand on the issue, the Congress alleged that it violated its pre-poll promise of bringing back black money stashed abroad within 100 days of it forming the government.
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