All governments, Including Indian and the US, consider Swiss banks are heavens for ill-gotten money. But not the REDIFF... Who in Rediff got money to publish such and article?
THIS ARTICLES SEEMS TO BE RIDICULOUS IN REFERENCE OF INDIAN ACCOUNT HOLDER. NEITHER INIDA HAS BEEN UNSTABLE,OURS IS GOOD ECONOMY, NO HOSTILITY TOWARDS OTHERS. THE FACT IS THAT ONLY BLACK MONEY HAS BEEN PARKED IN SWISS BANKS BY POLITICIANS, BABUS AND MIDDLEMENS. THE ARTICLES APPEARS TO BE SPONSORED BY POLITICANS.
I have swiss bank ac and have deposited 5 paisa black money. I am afraid my name will be put in wikileaks. I request italian queen to ban all wikileak sponsored websites in India and i promise to give kangress party 1 paisa. And i also hope kommunal parties do not stage protest in parliament against me, i am willing to donate Rs .05 paisa to them also.
This article is anti social because it encourages people to think in terms of evasion and illegal parking of funds.Many business and other traders may be saying hmmm worthwhile to investigate further and some may end up doing this also.This is free advertising for Swiss account which is illegal!
Swiss banks have anti-money laundering or aunty-money laundering..? A joke man...!
Swiss were the first to store money from germans looting the money from jews killed by them..You call this anti-money-laundering or anti-murder-laundering..?
Rediff, a polite advice: dont try to confuse like Kapil Sibal
We all have much clearer idea what swiss bank account is and lots of nice articles are available in the net which are sufficient to teach us that your article is politically motivated.
You need to learn more how to play dirty politics from Kapil Sibal, the biggest liar after MMS in the Indian politics.
In swiss government is giving permission to kept the world wealth and maintain the secret of account holder. Their residential representatives (agents) are spread world wide to give services. However, If any President of the Nation demanded to disclose there citizens account details, there is a provision in Swiss Federal Bank law to disclose immediately. It means our president is willing to disclose the account holders name or seize the money (wealth) and take over to our reserve bank of India, it is simply easy. Just to send a letter to Swiss Government by mail or fax.
But unfortunately our president and governors are become rubber stamp with our corrupted politicians. May god save this country.
Because india is a unstable country. Totally fake news, how in the world these people sent money out of India , if it was not illgotten. Go thru RBI records and check how much money officialy goes out to Swiss Banks or Mauritius. India is a country where 1% people in power be it politicians, officials, businessman are looting the wealth for last 63years with no recourse. All big companies have investment from Maurrtius (which in fact comes from Swiss Banks or other ill gotten sources.) When you invest in a PUBLIC issue or open a deposit or invest in Mutual fund you have to give all your details, but for this money their is no disclosure requirement. Which says everything.