http://www.dailypioneer.com/158960/BJP-asks-Govt-to-get-account-details-from-Swiss-banks.html
...The BJP on Wednesday asked the Government to approach Swiss banks to procure the details of Indians who have parked their money in foreign banks flouting various norms.
...He also asked why the Government was silent on the letters written by the Leader of the Opposition LK Advani to the Prime Ministers on this issue...
...The former Union Minister quoting different reports suggested that the amount deposited by Indians in Swiss banks would run in into several trillion US$, which; if brought back, would change the fortune of the country by completely overhauling its finances...
2 comments:
This will never happen because Switzerland will not give it to Indians. Only USA is capable of getting it. India does not have the bargaining power to get it.
Arvind,
Even if Swiss give the details, do you think our Kaangress and other 'honourable' politicians will 'avail' the facility?
UBS has offices in Hyd and B'luru, I am sure they can be coaxed into sharing the information if not with the power projection of USA, then by dangling carrots (giving some Business concessions).
Well, ultimately, as Arvind said, this might never happen so long as our present set of netas hold on to power.
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