Swiss bank revealed India has more money than rest of the world
This is so shocking.. ..If black money deposits was an Olympics event.. India would have won a gold medal hands down. The second best Russia has 4 times lesser deposit. U.S. is not even there in the counting in top five! India has more money in Swiss banks
than all the other countries combined!
Recently, due to international pressure, the Swiss government agreed to disclose the names of the account holders only if the respective governments formally asked for it.. Indian government is not asking for the details... ..no marks for guessing why?
We need to start a movement to pressurize the government to do so! This is perhaps the only way, and a golden opportunity, to expose the high and mighty and weed out corruption!
Is India poor, who says? Ask the Swiss banks. With personal account deposit bank of $1,500 billion in foreign reserve which have been misappropriated, an amount 13 times larger than the country's foreign debt, one needs to rethink if India is a poor country?
Just read the following details and note how these dishonest industrialists, scandalous politicians, corrupt officers, cricketers, film actors, illegal trade and protected wildlife operators, to name just a few, sucked this country's wealth and prosperity.This may be the picture of deposits in Swiss banks only. What about other international banks ?
Indian Black money in Swiss banks - Swiss Banking Association report, 2006 details bank deposits in the territory of Switzerland by nationals of following countries :
INDIA $1,456 BILLION
RUSSIA $470 BILLION
U.K. $390 BILLION
UKRAINE $100 BILLION
CHINA $96 BILLION
Now do the math's - India with $1,456 billion or $1.4 trillion has more money in Swiss banks than rest of the world combined.
We Proud Indians have to trace out the Indian black money when the polities have kept ? where they use ? but they don't have correct tax details.