
India may sue HSBC over black money
The Indian government may sue HSBC for persuading their executives to stash undeclared money in a Geneva branch.
HSBC's role is described as "active" in a report cited by Xinhua News.
India's Central Board of Direct Taxes has sought the opinion of the Law Ministry for this.
This comes at a time when the Indian government promised Parliament last week a White Paper on black money soon.