MONEY IN SWISS BANKS: $1,456 billion
LOOK WHERE OUR MONEY IS GOING????
>
>
> Revelation on Swiss Bank Accounts "who can save india
> no one knows where tax
> payer money is going "
>
>
> Revelation on Swiss Bank Accounts
>
>
> This is so shocking . . . . . wish 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. US 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, Swiss govt. agreed
> to disclose the
> names of the account holders only if the respective govts
> formally asked for
> it. Indian govt. is not asking for the details . .
> . . no marks for guessing why ????
>
> We need to start a movement to pressurise the govt. to do
> so !!
> This is perhaps the only way, and a golden opportunity, to
> expose the high
> and mighty and weed out corruption !!
>
> Please read on . . . . . and forward to all the honest
> Indians to . .. . .
> like somebody is forwarding to you . . . . . and build a
> ground-swell of
> support for action !!
> *Is **India** poor, who says? Ask Swiss banks With personal
> account deposit
> bank of $1500 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?.
> *
> DISHONEST INDUSTRIALISTS, scandalous politicians and
> corrupt IAS, IRS, IPS
> officers have deposited in foreign banks in their illegal
> personal accounts
> a sum of about $ 1500 billion, which have been
> misappropriated by them. 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.
> This huge amount has been appropriated from the people of
> India by
> exploiting and betraying them.
>
> Once this huge amount of black money & property comes
> back to India , the
> entire foreign debt can be repaid in 24 hours. After paying
> the entire
> foreign debt, we will have surplus amount, almost 12 times
> larger than the
> foreign debt. If this surplus amount is invested in
> earning interest, the amount of interest will be more than
> the annual budget
> of the Central government. So even if all the taxes are
> abolished, then also
> the Central government will be able to maintain the country
> very
> comfortably..
>
> Some 80,000 people travel to Switzerland every year, of
> whom 25,000 travel
> very frequently. 'Obviously, these people won't be
> tourists.
> They must be travelling there for some other reason,'
> believes an official
> involved in tracking illegal money. And, clearly, he
> isn't referring to the
> commerce ministry bureaucrats who've been flitting in
> and out of Geneva ever
> since the World Trade Organisation (WTO)
> negotiations went into a tailspin!
>
> Just read the following details and note how these
> dishonest industrialists,
> scandalous politicians, corrupt officers, cricketers, film
> actors, illegal
> sex 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?
>
> Black money in Swiss banks -- Swiss Banking Association
> report, 2006 details
> bank deposits in the territory of Switzerland by nationals
> of following
> countries :
>
> *Top Five
> 1. **India** ---- $1,456 billion
> 2. **Russia** ---$ 470 billion
> 3. **UK** -------$390 billion
> 4. **Ukraine** - $100 billion
> 5. **China** -----$ 96 billion
> Now do the maths - **India** with $1456 billion or $1.4
> trillion has more
> money in Swiss banks than rest of the world combined.
> *
> Public loot since 1947: Can we bring back our money? It is
> one of the
> biggest loots witnessed by mankind -- the loot of the Aam
> Aadmi (common man)
> since 1947, by his
> brethren occupying public office.
> It has been orchestrated by politicians, bureaucrats and
> some businessmen.
> The list is almost all-encompassing. No wonder, everyone in
> India loots with
> impunity and without any fear. What is even more depressing
> in that this
> ill-gotten wealth of ours has been stashed
> away abroad into secret bank accounts located in some of
> the world's best
> known tax havens. And to that extent the Indian economy has
> been stripped of
> its wealth.
>
> Ordinary Indians may not be exactly aware of how such
> secret accounts
> operate and what are the rules and regulations that go on
> to govern such tax
> havens. However, one may well be aware of 'Swiss bank
> accounts,' the
> shorthand for murky dealings, secrecy and of course
> pilferage from developing countries into rich developed
> ones.
>
> In fact, some finance experts and economists believe
> taxhavens to be a
> conspiracy of the western world against the poor countries.
> By allowing the
> proliferation of tax havens in the twentieth century, the
> western world
> explicitly encourages the movement of scarce capital
> from the developing countries to the rich.
>
> In March 2005, the Tax Justice Network (TJN) published a
> research finding
> demonstrating that $11.5 trillion of personal wealth was
> held offshore by
> rich individuals across the globe. The findings estimated
> that a large
> proportion of this wealth was managed from some 70 tax
> havens. Further,augmenting these studies of TJN, Raymond
> Baker -- in his
> widely celebrated book titled 'Capitalism' s
> Achilles Heel : Dirty Money and
> How to Renew the Free Market System' -- estimates that
> at least $5 trillion
> have been shifted out of poorer countries to the
> West since the mid-1970.
>
> It is further estimated by experts that 1 % of the
> world's population holds
> more than 57 % of total global wealth, routing it
> invariably through these
> tax havens. How much of this is from India is anybody's
> guess. What is to be
> noted here is that most of the wealth of Indians
> parked in these tax havens is illegitimate money acquired
> through corrupt
> means.
>
>
> Naturally, the secrecy associated with the bank accounts in
> such places is
> central to the issue, not their low tax rates as the term
> 'tax havens'
> suggests. Remember Bofors and how India could not trace the
> ultimate
> beneficiary of those transactions because of the secrecy
> associated with these bank accounts?
>
> *IS THERE ANY ONE WHO CAN SAVE **INDIA** ?*
>
>
> FORWARD THIS EMAIL TO ALL INDIANS
>
>
> --
>
![]()
{0}
>
>
> Revelation on Swiss Bank Accounts "who can save india
> no one knows where tax
> payer money is going "
>
>
> Revelation on Swiss Bank Accounts
>
>
> This is so shocking . . . . . wish 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. US 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, Swiss govt. agreed
> to disclose the
> names of the account holders only if the respective govts
> formally asked for
> it. Indian govt. is not asking for the details . .
> . . no marks for guessing why ????
>
> We need to start a movement to pressurise the govt. to do
> so !!
> This is perhaps the only way, and a golden opportunity, to
> expose the high
> and mighty and weed out corruption !!
>
> Please read on . . . . . and forward to all the honest
> Indians to . .. . .
> like somebody is forwarding to you . . . . . and build a
> ground-swell of
> support for action !!
> *Is **India** poor, who says? Ask Swiss banks With personal
> account deposit
> bank of $1500 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?.
> *
> DISHONEST INDUSTRIALISTS, scandalous politicians and
> corrupt IAS, IRS, IPS
> officers have deposited in foreign banks in their illegal
> personal accounts
> a sum of about $ 1500 billion, which have been
> misappropriated by them. 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.
> This huge amount has been appropriated from the people of
> India by
> exploiting and betraying them.
>
> Once this huge amount of black money & property comes
> back to India , the
> entire foreign debt can be repaid in 24 hours. After paying
> the entire
> foreign debt, we will have surplus amount, almost 12 times
> larger than the
> foreign debt. If this surplus amount is invested in
> earning interest, the amount of interest will be more than
> the annual budget
> of the Central government. So even if all the taxes are
> abolished, then also
> the Central government will be able to maintain the country
> very
> comfortably..
>
> Some 80,000 people travel to Switzerland every year, of
> whom 25,000 travel
> very frequently. 'Obviously, these people won't be
> tourists.
> They must be travelling there for some other reason,'
> believes an official
> involved in tracking illegal money. And, clearly, he
> isn't referring to the
> commerce ministry bureaucrats who've been flitting in
> and out of Geneva ever
> since the World Trade Organisation (WTO)
> negotiations went into a tailspin!
>
> Just read the following details and note how these
> dishonest industrialists,
> scandalous politicians, corrupt officers, cricketers, film
> actors, illegal
> sex 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?
>
> Black money in Swiss banks -- Swiss Banking Association
> report, 2006 details
> bank deposits in the territory of Switzerland by nationals
> of following
> countries :
>
> *Top Five
> 1. **India** ---- $1,456 billion
> 2. **Russia** ---$ 470 billion
> 3. **UK** -------$390 billion
> 4. **Ukraine** - $100 billion
> 5. **China** -----$ 96 billion
> Now do the maths - **India** with $1456 billion or $1.4
> trillion has more
> money in Swiss banks than rest of the world combined.
> *
> Public loot since 1947: Can we bring back our money? It is
> one of the
> biggest loots witnessed by mankind -- the loot of the Aam
> Aadmi (common man)
> since 1947, by his
> brethren occupying public office.
> It has been orchestrated by politicians, bureaucrats and
> some businessmen.
> The list is almost all-encompassing. No wonder, everyone in
> India loots with
> impunity and without any fear. What is even more depressing
> in that this
> ill-gotten wealth of ours has been stashed
> away abroad into secret bank accounts located in some of
> the world's best
> known tax havens. And to that extent the Indian economy has
> been stripped of
> its wealth.
>
> Ordinary Indians may not be exactly aware of how such
> secret accounts
> operate and what are the rules and regulations that go on
> to govern such tax
> havens. However, one may well be aware of 'Swiss bank
> accounts,' the
> shorthand for murky dealings, secrecy and of course
> pilferage from developing countries into rich developed
> ones.
>
> In fact, some finance experts and economists believe
> taxhavens to be a
> conspiracy of the western world against the poor countries.
> By allowing the
> proliferation of tax havens in the twentieth century, the
> western world
> explicitly encourages the movement of scarce capital
> from the developing countries to the rich.
>
> In March 2005, the Tax Justice Network (TJN) published a
> research finding
> demonstrating that $11.5 trillion of personal wealth was
> held offshore by
> rich individuals across the globe. The findings estimated
> that a large
> proportion of this wealth was managed from some 70 tax
> havens. Further,augmenting these studies of TJN, Raymond
> Baker -- in his
> widely celebrated book titled 'Capitalism' s
> Achilles Heel : Dirty Money and
> How to Renew the Free Market System' -- estimates that
> at least $5 trillion
> have been shifted out of poorer countries to the
> West since the mid-1970.
>
> It is further estimated by experts that 1 % of the
> world's population holds
> more than 57 % of total global wealth, routing it
> invariably through these
> tax havens. How much of this is from India is anybody's
> guess. What is to be
> noted here is that most of the wealth of Indians
> parked in these tax havens is illegitimate money acquired
> through corrupt
> means.
>
>
> Naturally, the secrecy associated with the bank accounts in
> such places is
> central to the issue, not their low tax rates as the term
> 'tax havens'
> suggests. Remember Bofors and how India could not trace the
> ultimate
> beneficiary of those transactions because of the secrecy
> associated with these bank accounts?
>
> *IS THERE ANY ONE WHO CAN SAVE **INDIA** ?*
>
>
> FORWARD THIS EMAIL TO ALL INDIANS
>
>
> --
>
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