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India Orders Multi-agency Investigation of Panama Papers Allegations

Indian Prime Minister Narendra Modi has ordered a multi-agency investigation into the Panama Papers expose, which includes the names of more than 500 Indians ranging from Bollywood stars to big industrialists and a real estate tycoon. Calling such reports “a healthy step”, Finance Minister Arun Jaitley Tuesday promised quick action. “Whichever accounts are found to be unlawful, strict action as per existing law is going to be taken against them.” One of Prime Minister Modi’s major...

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