Monday, 23 June 2014

Indians in Swiss banks 'black money' list preparation

India’s black money deposited in Swiss banks and illegal funds from Switzerland to information about the Government of India is preparing a list.

Indian news agency PTI quoted a senior official of Switzerland that different deposits in Swiss banks in the campaign to identify the real owners of some Indian citizens and institutions are at the center of inquiry.


According to PTI, on condition of anonymity, made ​​the Swiss official said that such a list of people and organizations will also be shared with India.

Swiss official said: “In the coming days, detailed information will be provided and the necessary administrative support will be provided. ‘

Designed to control black money in India The Special Investigation Team (SIT) headed by Justice MB Shah said that the list will be checked against the illicit accumulation of wealth will be processed


India and Switzerland Swiss government official exchange of information between the companies, citing the agreement and refused to give more information about the money.


The deposits in Swiss bank account holders and the bank regulatory agencies and the testing of these institutions came from India.

Bring back the black money in Swiss central bank data released by the SNB.


During the year 2013, according to the data collected huge sums of money in Swiss banks rose 43 percent and total deposits was Rs 140 billion.


Switzerland’s official believes that these amounts may be legal because their owners do admittedly have their own Indian citizenship.


He also denied these estimates was claimed that the Indians in Swiss banks have accumulated trillions of dollars.



Indians in Swiss banks 'black money' list preparation

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