Of course we always knew this….that many Indians have been stashing away black monies in Swiss banks for decades…but when one hear’s the Quantum from the Horse’s Mouth itself it has to invoke anger
Just read today’s Express Buzz coverage of the Swiss Banking Association Report of 2006 that reveals that India topped the List of Countries with it’s citizens having deposits of US $ 1456 Billion in Swiss banks…Russia came in second at US $ 470 billion
In fact Indians have stashed away more funds in Swiss Banks than those from all other nations put together !
And the Swiss are willing to disclose in detail all the names of Indian Depositors if our Government wants this List….Our Government has preferred to stay mute on this !…No Guess as to Why !
Over 80000 Indians visited Switzerland this past year and atleast 25000 were not tourists !…that should tell you a story !
This Illegal and ill-begotten Wealth is even higher than India’s GDP Wealth of a Billion Dollars and three times that of our Market Capitalisation Wealth on BSE !
With the Indo US Nuclear deal having been signed now,I have no doubt that Mothers of Many Deals lie ahead and will create unprecedented Mother of All Opportunities for many to add to this Booty in Swiss Banks !….Just a Sad and Angry Thought !
There is a lovely TV ad by Tata Tea on creating awareness and responsibilty to exercise our Right to Vote… www.jaagore.com ….Just Praying that, against all this Corruption and Inequalities in our System,there is born a People’s Movement and a petition under the “Right To Information” Act puts pressure on our Government as to why they have not sought this List of Depositors from the Swiss Government
These illegal Swiss Bank Deposits are a Shameful and Tragic Statistic that taunts the 1.1 billion people that eke out an honest living in India and are subject to hard strife…Ofcourse they are acutely aware of this Inequality and I daresay that anger and angst will lead to agitation and aggression…Watch Out then !