Black money: Centre reveals three names before SC

The name of Pradip Burman of the Dabur group figured in the list which is part of an affidavit filed by the government. Sources said such more names would be revealed when prosecution in the case begins.

According to media reports, the other names are of Radha Timblo from a Goa mining company and Pankaj Chimanlal Lodhiya of Rajkot.

Dabur immediately in a statement said  their account is legal. Burman was the Executive Director of Dabur group.

"We wish to state that this account was opened when he was an NRI, and was legally allowed to open this account. We have followed all the laws and the complete details regarding the account have been voluntarily, and as per law, filed with the Income Tax Department, and appropriate taxes paid, wherever applicable," the statement on behalf of Burman of Dabur quoted in media said.

"Therefore, it is unfortunate that every person having a foreign bank account is being painted with the same brush," it said.

Based on a petition filed by noted lawyer Ram Jethmalani, the Apex Court set up a special committee to look at how to recover black money.

The Centre, however, had told the top court that it could not reveal the names received from other countries as it would violate the tax treaties with those countries, sources said.