LOOK WHERE OUR MONEY IS GOING????

Revelation on Swiss Bank Accounts
"who can save india no one knows
where tax payer money is going "

Revelation on Swiss Bank Accounts

This is so shocking . . . . .
wish black money deposits was an Olympics event . . . . .
India would have won a gold medal hands down.

The second best
Russia has 4 times lesser deposit.
US is not even there in the counting in top five !!

India has more money in Swiss banks than all
the other countries combined !!!!

Recently,
due to international pressure,
Swiss govt. agreed to disclose the
names of the account holders only
if the respective govts formally asked for it.
 Indian govt. is not asking for the details . .
. . no marks for guessing why ????

We need to start
a movement to pressurise the govt.
to do so !!
This is perhaps the only way,
and a golden opportunity, to expose the high
and mighty and weed out corruption !!

Please read on . . . . .
 and forward to all the honest Indians to . .. . .
like somebody is forwarding to you . . . . .
and build a ground-swell of
support for action !!*

Is India poor, who says?
Ask Swiss banks With personal account deposit
bank of $1500 billion in foreign reserve
which have been misappropriated, an
amount 13 times larger than the country's foreign debt,
one needs to rethink
if India is a poor country?.

DISHONEST INDUSTRIALISTS,
scandalous politicians and corrupt IAS, IRS, IPS
officers
have deposited in foreign banks in their illegal personal accounts
a sum of about $ 1500 billion,
which have been misappropriated by them..

With this amount 45 crore poor people
can get Rs 1,00,000 each.
This huge amount
 has been appropriated from the people of India by
exploiting and betraying them.

Once this huge amount of black money
 & property comes back to India , the
entire foreign debt can be repaid in 24 hours.
After paying the entire
foreign debt,
we will have surplus amount,
almost 12 times larger than the foreign debt.
If this surplus amount is invested in
earning interest,
the amount of interest will be more than
 the annual budget of the Central government.

So
even if all the taxes are abolished, then also
the Central government will be able
 to maintain the country very comfortably. .

Some 80,000 people travel to Switzerland every year,
of whom 25,000 travel
very frequently.
 'Obviously,
these people won't be tourists.
They must be travelling there for some other reason,'
believes an official
involved in tracking illegal money.
 And,
clearly, he isn't referring to the
commerce ministry bureaucrats
who've been flitting in and out of Geneva ever
since the World Trade Organisation (WTO)
negotiations went into a tailspin!

Just read
the following details
and note how these dishonest industrialists,
scandalous politicians, corrupt officers,
cricketers, film actors, illegal sex trade
and protected wildlife operators, to name just a few,
sucked this country's wealth and prosperity.
 This may be the picture of deposits in Swiss banks only.
What about other international banks?


Black money in Swiss banks -
- Swiss Banking Association report, 2006 details
bank deposits in the territory of Switzerland
by nationals of following countries :



Top Five
1. India ---- $1,456 billion
2. Russia ---$ 470 billion
3. UK -------$390 billion
4. Ukraine - $100 billion
5. China -----$ 96 billion
Now do the maths
- India with $1456 billion or $1.4 trillion has more money
in Swiss banks than rest of the world combined.

Public loot since 1947:
Can we bring back our money?
 It is one of the biggest loots witnessed by mankind
-- the loot of the Aam Aadmi (common man)
since 1947, by his brethren occupying public office.
It has been orchestrated by politicians,
 bureaucrats and some businessmen.
The list is almost all-encompassing.

 No wonder,
everyone in India loots with
impunity and without any fear.
What is even more depressing in that this
ill-gotten wealth of ours has been stashed
away abroad into secret bank accounts located
 in some of the world's best
known tax havens.
And
to that extent the Indian economy
 has been stripped of its wealth..

Ordinary Indians
(now recently named as slumdogs, by proud Indian Film Stars)
 may not be exactly aware of how such secret accounts
operate and what are the rules and regulations
that go on to govern such tax
havens. However, one may well be aware of
'Swiss bank accounts,' the
shorthand for murky dealings,
 secrecy and of course
pilferage from developing countries
 into rich developed ones.

In fact,
some finance experts and economists believe tax havens to be a
conspiracy of the western world against
the poor countries.
 By allowing the proliferation of tax havens
 in the twentieth century,
 the western world
explicitly encourages the movement of scarce capital
from the developing countries to the rich..

In March 2005,
 the Tax Justice Network (TJN) published
 a research finding
demonstrating that $11.5 trillion of personal wealth
was held offshore by rich individuals across the globe.
The findings estimated that a large
proportion of this wealth was managed
from some 70 tax havens.
Further, augmenting these studies of TJN,
Raymond Baker --
in his widely celebrated book titled 'Capitalism' s Achilles Heel
 :
Dirty Money and
How to Renew the Free Market System'
-- estimates that at least $5 trillion
have been shifted out of poorer countries to the
West since the mid-1970.


It is further estimated by experts that
 1 %
of the world's population holds
more than 57 % of total global wealth,
routing it invariably through these tax havens.

How much of this is from India is anybody's guess.
What is to be noted here is that most
of the wealth of Indians parked in these tax havens
is illegitimate money acquired through corrupt means.

Naturally,
 the secrecy associated with the bank accounts
 in such places is
central to the issue, not their low tax rates as the term
'tax havens' suggests.
Remember
 Bofors and how India could not trace the ultimate
beneficiary of those transactions because of the secrecy
associated with these bank accounts?

IS THERE ANY ONE WHO CAN SAVE INDIA ?
 

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