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  1. #1
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    Exclamation India tops in Swiss Bank Depoits!

    The link below will tell you that 1.4 trillion dollars worth Indian black money was lying in the swiss banks in 2006...

    Read the last para in the report -
    Money lying in Swiss banks may hit markets via P-notes- Analysis-Markets-The Economic Times

    Updated figures per the Swiss Banking Association report 2008

    Deposits In Swiss Bank ~

    Top 5
    India---- $1891 billion
    Russia----- $610 billion
    China------ $213 billion
    UK-------- $210 billion
    Ukraine ----------- $140 billion
    Rest of the world ----$300 billion

    Source: Swiss Banking Association report 2008

    Do you know this is more money than ALL the money in ALL the banks in India taken TOGETHER ! This shows how corrupt the beurocrat netas and their relatives are... Its high time to get that money back to India...

  2. #2
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    ohhh this is sad :sad:

    i just checked this link and found that it is horrible figure as india is on the top

  3. #3
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    Quote Originally Posted by smoothvibes View Post
    ohhh this is sad :sad:

    i just checked this link and found that it is horrible figure as india is on the top
    @smoothvibes, no idea why, but your last post went into moderation queue.

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    Do swiss bank know that these money are black money...

  5. #5
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    Swiss Banks don't see it black & white - they only see the deposits in full colour.

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    I thought the Swiss banks were very secretive. How
    come they released this information?
    -F
    Last edited by Punch Farce; 28th October 2008 at 09:05 AM. Reason: Automerged Doublepost

  7. #7
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    They still don't disclose identity of their clients... They just disclose how much money came from which nation... and that too they have started doing few yrs back only...

  8. #8
    ShAdOwCoN
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    Quote Originally Posted by just4kix View Post
    @smoothvibes, no idea why, but your last post went into moderation queue.
    :lol: :lol: :lol:

    Quote Originally Posted by farce View Post
    I thought the Swiss banks were very secretive. How
    come they released this information?
    -F
    How do they know its black ...if they r so secretive ?
    Last edited by ShAdOwCoN; 28th October 2008 at 11:01 AM. Reason: Automerged Doublepost

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    yeah, the bank may find out about the origin of the money but if they r really secretive( which i m sure they are), how the hell did they call it 'black money' ???

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    Default http://swiss-bank-accounts.com/e/about/bankrate.com.html

    Quote Originally Posted by Evander Leopold View Post
    yeah, the bank may find out about the origin of the money but if they r really secretive( which i m sure they are), how the hell did they call it 'black money' ???
    I don't remember reading that they called it "Black Money". Its the forumers who talked about black money and now we assume "they called it black money".

    Swiss Banks, myth and reality - we are simply used to saying "Swiss Banks" out of habit - but there are many such tax havens- even Singapore and Hong Kong among numerous other ones.
    Pls read web link that is shown in title of this post.

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