Our stolen money in Swiss banks
Comments Off
By K.N. Pandita
After evading taxes on money earned through right or wrong means, many “patriotic” Indians have been stashing their wealth in foreign banks, especially in Switzerland. Feeling that their money would be unearthed and accounted for by IT sleuths at home, these “patriots” chose to take it away and deposit in the safe haven of Swiss banks just because of that country’s status of neutrality and banking rules that debar bank authorities from disclosing information about deposits to the third party. Continue Reading…