Black Money Or Not, Indians Are Holding 1195 Swiss Accounts
| business news online |
The controversies of India remains the same where maximum people residing belongs to a below poverty level, and we are topping the chart of Swiss bank with 1,195 names and Rs 25,420 cores under investigation. According to the laundry list released on February 9, some of the premium ex-bureaucrats, politicians and businessman of our country are holding accounts with Swiss bank.
The names are like Smita Thackeray, daughter in law of Bal Thackeray, ex congress MP Annu Tandon, Ambanis , Neotias, Birlas and more. The news has raised a political squall throughout and under Supreme Court’s order a special investigation team are working on the details of 628 accounts of Indians held through HSBC. The report is of the year 2006 to 2007 and statistics shows fund of $102 billion globally was held by the bank among which Indian linked accounts contains 4% of the total. The investigation team claims all the accounts do not contain illegitimate money.
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