Tag Black money

Swiss Bank Corporation Holds Indian Black Money.

On the eve of World War II, SBC was the recipient of large influxes of foreign funds for safekeeping. Just prior to the outbreak of World War II, in 1939, Swiss Bank Corporation made the timely decision to open an…

$ 462 Billions Indian Black money abroad.

The truth is visible to everybody except the Government of India. Instead of taking action  it is hiding behind euphemisms like ‘secret, ‘bilateral arrangements,diplomatic relations’ etc.’ Story: India’s underground economy is closely tied to illicit financial outflows. The total present value…