004 DOES INDIAN GOVERNMENT REALLY BRING BACK INDIAN MONEY HELD IN SWISS BANKS?

DOES INDIAN GOVERNMENT REALLY BRING BACK INDIAN MONEY HELD IN SWISS BANKS?

The answer is "not unlikely" unless some politician of the opposition party has some large deposits and the Government of India wants to harass him.

The Indian Prime Minister declares that he wants transparency in banking transactions. It is hypocrisy.

Mr. Ramjethmalani, former Union Minister and a Senior Advocate, filed a petition in the Supreme Court, seeking a direction to bring back the Rs. 70 trillion crore ($1.5 trillion approx.). The petition has political overtones.

Mr. L.K. Advani, the Senior B.J.P. leader also asked the UPA Government to bring back the money in Swiss Banks. He himself was Dy. Prime Minister for five years. Why didn't he take such steps?

The non-co-operative attitude of the Swiss Banks is also a blessing in disguise for the Indian politicians.

India tops all the countries whose citizens deposited their stashed money with Swiss Banks. Added on 20.05.2014 The new BJP Government headed by Mr. Narendra Modi appointed a Special Committee headed by Retd. Justice Shaw, consisting of various Agencies of the Government of India, asking the Committee to dig out the black money.

We have to examine this aspect in depth.