A prominent exporter of Kashmiri carpets and pashmina shawls, is listed among prominent people who are on the HSBC list, reports The Indian Express.
Haseeb Shaw, whose father is a joint account-holder and they had a $2.13-million maximum balance in 2006-07, the daily reported.
According to the report, Shaw is Managing Director of the Srinagar-based Cottage Arts Emporium, which also has a branch in New Delhi.
HSBC data shows he opened his account in 1997. He is listed as one who does commerce in carpets and textiles. His father, the report says, Shaw Abdul Rashid, is a joint account-holder and they had a $2.13-million maximum balance in 2006-07.
Several meetings between HSBC bankers and the two account-holders are listed — they asked for a second safe deposit box abroad and are noted as emptying out one which was stuffed with pashmina shawls.
Several top businessmen listed include Mukesh Ambani, Anil Ambani, Anand Chand Burman, Rajan Nanda, Yashovardhan Birla, Chandru Lachhmandas Raheja, Dattaraj Salgaocar, Bhadrashyam Kothari and Shravan Gupta.