Black Money List: The Timblo Trail, from Hong Kong to Goa | Read

The Timblo family, named by the government in Supreme Court in connection with untaxed or black money in foreign accounts, parked money illegally in two foreign currency accounts in Hong Kong before pumping it back into India, NDTV has learnt. The family, which runs a Goa-based mining firm, had pleaded guilty before the central bank, the Reserve Bank of India, last year and was let off with a fine of Rs. 3.37 crore, sources say.