Germany sharing "substantial" information with India on black money: envoy

23 Sep 2011

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Germany's ambassador today said his country was sharing "substantial" information with India on black money stashed overseas and that it would continue to do so.

"Yes. We are doing that. Very substantial kind of information (we are sharing it with India). We are already doing it," German ambassador to India Thomas Matussek told reporters in New Delhi.

He, however, declined to elaborate as it was too technical an issue for him to comment. He said both countries were satisfied over the progress being made in this regard.

"I can say that soon we hope to come to a satisfactory conclusion (on the issue)," he said on the sidelines of an event.

To repeated questions whether Germany was sharing with India the names of those Indians who held accounts abroad, he said: "I don't have it. I don't have the names of the account holders and I don't have the account numbers."

Describing India as the "anchor of stability" in the region in the context of the Indian Air Force's MMRCA deal, for which Eurofighter Typhoon, built by four nations, including Germany, had been short-listed, he said that was the reason Germany was offering India the best technology it possessed.

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