Senior advocate Ram Jethmalani, who has been a petitioner in Supreme Court in the black money case, said from London, "I am very happy and feeling relaxed today and I am hopeful that the NDA government will take the fullest possible advantage of this information.
    
"So much of wealth is stolen from India and they will be punished. The money will be used to eradicate poverty and all other ills of the society."

AAP leader and senior lawyer Prashant Bhushan said that SIT was formed on the orders of the Supreme Court, so government need not take credit for this.
    
"And if Swiss government will share any formation that is a welcome step. But government must stop illicit flow of money into such instruments such as p-notes and the money into the companies which are registered in tax havens," he told reporters in Delhi.
    
While declining to be named, as he is not authorized to speak to media, the Swiss official further said the details are being shared with India on a 'spontaneous' basis and are different from the information sought earlier by the Indian authorities on the basis of 'leaked' or 'stolen' lists of certain banks, including the so-called 'HSBC list'.
 
Swiss government has been refusing to share details about
the Indians named in this 'HSBC list', which was stolen by a bank employee and later found its way to tax authorities in various countries including India.
 
Despite repeated requests from India, Switzerland has said its local laws prohibit administrative assistance in matters where information has been sourced illegally, including through stolen lists.

The said 'HSBC list' allegedly contains names of Indians and other foreign nationals having ill-gotten wealth in Swiss unit of the global banking major.
 
India is one of the 36 countries with which Switzerland has signed treaties to provide administrative assistance in tax matters in accordance with international standards.

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