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Dishonest industrialists, scandalous politicians and corrupt IAS, IRS, IPS officers, cricketers, film actors, illegal sex trade and protected wildlife operators, to name just a few, have deposited in foreign banks in their illegal personal accounts a sum of about $ 1500 billion, which have been misappropriated by them.
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(around $1500 billion = Rs.75,00,000 crores)
Russia —$ 470 billion
UK ——-$390 billion
Ukraine - $100 billion
China —–$ 96 billion
Indian money in Swiss banks is more than all the other countries combined !!!! This amount is about 13 times larger than the country’s foreign debt($115 billion). Once this huge amount of black money and property comes back to
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