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India tops in Swiss Bank Depoits!

This is a discussion on India tops in Swiss Bank Depoits! within the News discussions forums, part of the General offtopic discussions category; The link below will tell you that 1.4 trillion dollars worth Indian black money was lying in the swiss banks ...

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India tops in Swiss Bank Depoits! India tops in Swiss Bank Depoits!

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Old 10-28-08, 05:23 AM   #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...
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Old 10-28-08, 05:28 AM   #2
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ohhh this is sad

i just checked this link and found that it is horrible figure as india is on the top
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Old 10-28-08, 10:22 AM   #3
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ohhh this is 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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Old 10-28-08, 10:58 AM   #4
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Do swiss bank know that these money are black money...
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Old 10-28-08, 11:01 AM   #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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Old 10-28-08, 11:04 AM   #6
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I thought the Swiss banks were very secretive. How
come they released this information?
-F
Last edited by Punch Farce; 10-28-08 at 11:05 AM. Reason: Automerged Doublepost
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Old 10-28-08, 11:15 AM   #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...
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Old 10-28-08, 01:01 PM   #8
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@smoothvibes, no idea why, but your last post went into moderation queue.


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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; 10-28-08 at 01:01 PM. Reason: Automerged Doublepost
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Old 11-02-08, 04:57 AM   #9
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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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Old 08-24-09, 11:44 PM   #10
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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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Old 10-30-09, 04:47 PM   #11
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Nice information but not offically confirmed by the Govt of India or Swiss Office
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Old 10-31-09, 04:39 AM   #12
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Nice information but not offically confirmed by the Govt of India or Swiss Office
probably because half the govt of India ministers have accounts there.

-F
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