Indians at Swiss Bank

2009-07-18T05:12:00.000-07:00

Revelation of Swiss bank accounts

It is estimated by experts that one percent of the world’s population holds more than 57 per cent of total global wealth. How much of this is from India?

It had been 6 decades since independence and cutting along our population we can see that 4% constitute monopolies 18% middle class and the rest comes under the so called BPL (below poverty line). Datas show us that these groups have an average per capita income of 20 rupees per day. But do you think INDIA is that poor?

India has more money in Swiss banks than all the other countries combined!!!

Swiss Banking Association report.-2006 bank account details

TOP FIVE

1. INDIA $1,456 BILLION
2. RUSSIA $470 BILLION
3. U.K. $390 BILLION
4. UKRAINE $100 BILLION
5. CHINA $96 BILLION

what do we infer from this?

This amount is about 13 times larger than the country's foreign debt. With this amount 45 crore poor people can get Rs 1,00,000 each. Even if all the taxes are abolished, then also the Central government will be able to maintain the country very comfortably.

Swiss Banking Association report.-2008 bank account details

TOP FIVE

1. INDIA $1891 billion
2. RUSSIA $610 BILLION
3. CHINA $213 BILLION
4. U.K $210 BILLION
5.UKRAINE $ 140 BILLION

See the difference in 2 years!! Can we bring back our money? What is to be noted here is that most of the wealth of Indians in these secret banks account is illegitimate money acquired through corrupt means. Remember Bofors and how India could not trace the ultimate beneficiary of those transactions because of the secrecy associated with these bank accounts? Details on bank accounts of these Indians will be revealed only on government’s request. 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!

indians at swiss bank

Indians at Swiss Bank