Goa mine owners stashed black money in Swiss banks: CPI
April 29th, 2011 - 8:01 pm ICT by IANSPanaji, April 29 (IANS) Several owners of Goa’s 100-odd open cast iron ore mines have millions of dollars worth of black money stashed away in Swiss bank accounts, a Communist Party of India (CPI) leader said Friday.
“Several of Goan mine owners have their black money parked in Swiss banks. Politicians are often their conduits for carrying money to safe havens,” CPI state general secretary Christopher Fonseca said, referring to state Education Minister Atanasio Monserrate’s recent detention at the Mumbai airport with more than the allowed volume of foreign currency on a visit to Dubai.
Addressing a press conference at the party headquarters here, Fonseca said: “The promised Wikileaks expose on black money stashed in Swiss banks by Indian businessmen and politicians is bound to have names from Goa in it.”
The CPI has in the past consistently demanded that the nearly Rs. 10,000 crore industry should be nationalised in order to conserve the country’s natural resources.
According to data submitted in the Goa legislative assembly during its monsoon session, ore worth Rs.4,000 crore was illegally mined and exported out of Goa to countries like China, Japan and Romania.
Even the Goa Mineral Ore Exporters Association (GMOEA), a forum of ore exporters who include top ore business houses, have cried hoarse about the rampant illegal mining in the state.
According to Leader of Opposition Manohar Parrikar, nearly 18 percent of Goa’s total 45 million tonnes mining output comprises illegally mined ore. He has also accused Chief Minister Digambar Kamat and several of his cabinet ministers of being hand-in-glove with the illegal mining mafia.
- '25 mn tonnes illegal ore extracted in five years in Goa' - Nov 23, 2011
- Mining association admits to illegal exports from Goa - Nov 21, 2011
- 'Detained Goa minister released after phone from Pranab's office' (Lead) - Apr 06, 2011
- Detained Goa minister released after phone call: BJP - Apr 06, 2011
- Goa house again adjourned over minister's detention - Apr 08, 2011
- Goa ore exporters do not want CBI to probe illegal mining - Oct 04, 2011
- Illegal mining report looms large over Goa (Goa Newsletter) - Mar 17, 2012
- Goa mining scam worth Rs.10,000 crore: Congress legislator - Sep 17, 2011
- Is Parrikar going soft on ruling Goa Congress? (News Analysis) - Feb 24, 2011
- Illegal mining will trigger crisis in Goa: NGO - Mar 21, 2011
- Will Congress do a Yeddyurappa with Goa's Kamat? (Letter from Goa) - Sep 21, 2011
- 'Mining activity in Goa should be five days a week' - Apr 30, 2012
- Goa assembly disrupted over minister's customs detention - Apr 05, 2011
- Vedanta Resources mines operated illegally in Goa: minister - Mar 17, 2011
- Goa house adjourned over minister's detention - Apr 07, 2011
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