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Subject: FW: How RICH are we Indians actually!!!!

 

 

 

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Swiss bank reveals that India has more money than rest of the world

http://www.taxguru.in/finance/swiss-bank-revealed-indian-have-more-money-the
n-rest-of-the-world.html 


This is so shocking.. ..If 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. U.S. 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, the Swiss government agreed to
disclose the names of the account holders only if the respective governments
formally asked for it.. Indian government is not asking for the details...
..no marks for guessing why? 

We need to start a movement to pressurise the government 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 the Swiss banks. With personal account deposit
bank of $1,500 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. This
amount is about 13 times larger than the country's foreign debt. 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 and
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 

INDIA $1,456 BILLION 
RUSSIA $470 BILLION 
U.K. $390 BILLION 
UKRAINE $100 BILLION 
CHINA $96 BILLION 

Now do the math's - India with $1,456 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
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 one per cent of the world's
population holds more than 57 per cent of total global wealth, routing it
invariably through these tax havens. 

How much of this is from India is anybody's guess. 

 

If you feel that this mail does not need to be just read, discarded and
forgotten, then this is the time to move. Political parties are releasing
their election manifestos. Let us cry out in one voice against this economic
terrorism and compel all political parties to promise us that they will
bring back our National Treasure and restore us to our position as a great
Nation.

 

JAI HIND

 

 


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