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Black Money In Swiss Bank

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Latest update after Swiss Bank has agreed to disclose the funds.

Our Indians' Money - 70, 00,000 Crores Rupees In Swiss Bank

1) Yes, 70 lakhs crores rupees of India are lying in Switzerland banks. This is the highest amount lying outside any country, from amongst 180 countries of the world, as if India is the champion of Black Money.

2) Swiss Government has officially written to Indian Government that they are willing to inform the details of holders of 70 lakh crore rupees in their Banks, if Indian Government officially asks them.

3) On 22-5-08, this news has already been published in The Times of India and other Newspapers based on Swiss Government's official letter to Indian Government.

4) But the Indian Government has not sent any official enquiry to Switzerland for details of money which has been sent outside India between 1947 to 2008.. The opposition party is also equally not interested in doing so because most of the amount is owned by politicians and it is every Indian's money.

5) This money belongs to our country. From these funds we can repay 13 times of our country's foreign debt. The interest alone can take care of the Center s yearly budget. People need not pay any taxes and we can pay Rs. 1 lakh to each of 45 crore poor families.

6) Let us imagine, if Swiss Bank is holding Rs. 70 lakh Crores, then how much money is lying in other 69 Banks? How much they have deprived the Indian people? Just think, if the Account holder dies, the bank becomes the owner of the funds in his account.

7) Are these people totally ignorant about the philosophy of Karma? What will this ill-gotten wealth do to them and their families when they own/use such money, generated out of corruption and exploitation?

8) Indian people have read and have known about these facts. But the helpless people have neither time nor inclination to do anything in the matter. This is like "a new freedom struggle" and we will have to fight this.

9) This money is the result of our sweat and blood.. The wealth generated and earned after putting in lots of mental and physical efforts by Indian people must be brought back to our country.

10) As a service to our motherland and your contribution to this struggle,please circulate at least 10 copies of this note amongst your friends and relatives and convert it into a mass movement.

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I think if all this money would go on development then India would become a developed country or very soon become ; and if it goes into defence budget then ours will be strongest army..

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But do Swiss banks disclose limited information like the entire amount but not the Account holders ?

This figure was blown-up by BJP as mentioned by the same paper as BJP had no reliable source to confirm the same, other than an internet article..

Nevertheless.. it does burn me..

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Could not find any useful information from the net regarding this information.. it might be true but the amount might be plus or minus..

why not we file a case in court and ask the court to direct government to request swiss bank for details ? does the case stands ?

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and may be judge hearing the case have the swiss acc also ............ :Sorprendido::Sorprendido::Sorprendido:

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Swiss accounts are mainly due to their anonymity. Govt of India has no right of money that is out of the country, and it was just BS by BJP to get votes. Getting money out of Swiss bank just because some higher authority asked is impossible. The reason Swiss bank chose anonymity is when Hitler started to occupy Jew property, swiss banks allowed to open account to anyone, by identifying him by only number and never disclosing his information to anyone. If Hitler couldn't do it in his time, do you think our theoretical Hitlers can do it? No chance.

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Well this has been disproved and the Swiss secrecy has been broken by the US. They have obtained account information of hundreds of accounts of US residents by proving that the accounts were opened to circumvent tax illegally.

If India can provide certain specific instances of violation or illegality than Swiss govt would have to force the banks to disclose the accounts. They are not going to disclose all the account information if we make blanket statements. Sadly, it remains a fact that all the politicians have their own accounts there. So there is no will at the political level to follow up.

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