Subsequently, The Indian Express collaborated with the International Consortium of Investigative Journalists to investigate what came to be known as the 2015 Swiss Leaks, a tax evasion scheme operated with the knowledge of HSBC. The investigation linked Mukesh Ambani’s Reliance group to offshore entities which had deposited around $601 million in a cluster of 14 HSBC Geneva bank accounts. According to the March 2019 Income Tax notice, members of the Ambani family have been named as “ultimate beneficiaries” of one of these 14 entities, the Capital Investment Trust.