Zee Media Bureau
New Delhi: Reacting to Pradip Burman, executive director of Dabur Group, being named by the government in the black money case, the group said the account was opened when he an an NRI.
Account was opened when he was an NRI and was legally allowed to open this account, Dabur Group said.
The group also asserted that they followed all laws and complete details regarding the account have been voluntarily filed with the Income Tax Department.
Appropriate taxes have also been paid, the group said.
“The Burman family is committed to the highest standards of corporate governance, and encourage ethical behaviour at all levels. We wish to state that this account was opened when he was an NRI, and was legally allowed to open this account," a spokesperson of Dabur Group said.
"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. Therefore, it is unfortunate that every person having a foreign bank account is being painted with the same brush,” the spokesperson added.
The government on Monday named Pradip Burman among one of the three account holders in relation to black money in the Supreme Court.
The other two were Pankaj Chimanlal Lodhiya, chief promoter of Rajkot-based Shreeji Trading Company Radha S Timblo, a Goa-based miner.
