India tops the list with most black money in swiss banks

Discussion in 'Politics & Society' started by LETHALFORCE, Mar 4, 2013.

  1. LETHALFORCE

    LETHALFORCE Moderator Moderator

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    $1.4 Trillion India’s Black Money Stashed in Swiss Banks - Coldwell Banker

    According to the data provided by the Swiss bank, India has more black money than rest of the world combined. India topping the list with almost $1500 Billion black money in swiss banks, followed by Russia $470 Billion, UK $390 Billion, Ukraine $100 Billion and China with $96 Billion.

    It’s embarrassing for any country to top the list of black money holders. The money which belongs to the nation and it’s citizens, is stashed in the illegal personal accounts of corrupt politicians, IRS, IPS officers and industrialists. An amount which is 13 times larger than the nations foreign debt. Every year this amount is increasing at a rapid speed but the Indian government seem to be silent over this matter from a very long time. The total black money accounts for 40% of GDP of India, if all the money comes back to India then that could result in huge growth burst for India.

    A nation where more than 450 million live below the poverty line, which means they make less than $1.25/day and could probably use an easy cash advances from somebody. By bringing back the black money back to the country there is so much which can be done for the development of the nation and the people who live below poverty line. India will also be able to clear all their foreign debts in 24Hrs. Even if all the taxes are abolished, the government can maintain the country easily for 30 years.

    It’s been found that about 80 thousand people travel to Switzerland every year of whom around 25 thousand travel frequently. Those travelling on regular basis must be doing it for some reason.

    The Indian government needs to take some serious steps to get the money back to India which is stashed in Swiss banks. They should work to find out the names of account holders in Swiss banks and also pressurize Swiss bank to get the black money back to the country. This has also become a matter of pride of nation and if the government still keeps silence about this issue then they will only be making themselves a laughing stock for the entire world.
     
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  3. arya

    arya Senior Member Senior Member

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    what serious step you want don' you know mobey belong to leaders , officers, and you want stron action from them.

    Pls don' crack joke.

    We have to chang the govt aasap

    after election let check all crouuption from 47
     
  4. Sam2012

    Sam2012 Tihar Jail Banned

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    No surprise because its Congress family heading India ;)

    [​IMG]
     
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  5. SLASH

    SLASH Senior Member Senior Member

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    Which swiss bank has provided these data? We see conflicting reports every month.
     
  6. Blackwater

    Blackwater Veteran Member Veteran Member

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    its a matter of proud and slap on those who said india is poor and third world contry
     
  7. rock127

    rock127 Maulana Rockullah Senior Member

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    As per Pujyaniya Sri Sri 1000008 Baba Ramdev ji about Rs 300 Lakh Crore black money is stashed in swiss banks.
     
  8. amoy

    amoy Senior Member Senior Member

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    always hv the same doubts as u do. Swiss attacted so much deposit influx becoz of renowned zipped mouth

    Sent from my 5910 using Tapatalk 2
     
    Last edited: Mar 4, 2013
  9. p2prada

    p2prada Stars and Ambassadors Stars and Ambassadors

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    Holy Hell
    Figures are obviously exaggerated.
     
  10. no smoking

    no smoking Senior Member Senior Member

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    At least much better than 4 Trillion!
     
  11. LETHALFORCE

    LETHALFORCE Moderator Moderator

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    I have heard figures as high as 7 trillion dollars??
     
  12. Yusuf

    Yusuf GUARDIAN Administrator

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    The 1.4 trillion figure has been going on for some time now. While a figure of 1.4 trillion may be true as this represents all money that may have passed through Swiss accounts in the last 65 years, I don't think that amount is currently parked in Swiss accounts. What use is any money stashed in foreign banks? Money invested in business get far better returns. The Black money does come back into India thorough front companies from tax havens.
     
  13. drkrn

    drkrn Senior Member Senior Member

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    any link???
     
  14. LETHALFORCE

    LETHALFORCE Moderator Moderator

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    Click the headline
     
  15. JBH22

    JBH22 Senior Member Senior Member

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    East or west India is the Best.

    Proud to be no1 in Corruption and let's stop whining about Congress all of us are equally responsible.
     
  16. arnabmit

    arnabmit Homo Communis Indus Senior Member

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    Appears legit, but is it? :noidea:

    [​IMG]
     
  17. Bangalorean

    Bangalorean Stars and Ambassadors Stars and Ambassadors

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    It is not legit at all. Some silly Indian has made this up at home.
     
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  18. Yusuf

    Yusuf GUARDIAN Administrator

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    Lol Swiss bank gives details in ₹₹₹
     
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  19. Free Karma

    Free Karma Senior Member Senior Member

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    YEAAAAH!!!! NUMBER ONE BITCHES!!!!!!


    oh wait.... :p
     
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  20. Dovah

    Dovah Untermensch Senior Member

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    WE aRE no! we wr goldn bIrd onCe. It PROVES that we INdians are veryb rich . We are Super power and we invANTED zer0. We will make Akhanda bharath onleee

    :taunt1: :shocked:: ::thumb: :thumb: :lalala: :bathbaby: :flame:
     
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  21. Blackwater

    Blackwater Veteran Member Veteran Member

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    [​IMG]


    this is as fake as pakistan:lol::lol::lol:
     
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