Tag Swiss bank Indians

In divulging the names to the Parliament or the public there is no disclosure of any trade secrets excepting the illegal gratification received and one will be divulging the names and details of accounts which are prima facie illegal, based on the Letter Regotary had been submitted.

That letter is issued only if there is prima facie case.

Hence it is a lie to ay that the Government can not disclose the information and it has to be secret.

Now the clincher of a Clause in the Agreement is the Clause number 2 quoted here.

"In no case shall the provisions of this Article be construed as imposing upon either of the Contracting States the obligation to carry out administrative measures at variance with the regulations and practice of either Contracting State or which would be contrary to its sovereignty, security or public policy or to supply particulars which are not procurable under its own legislation or that of the State making application."

Money laundering is contrary 'sovereignty, security or public policy or to supply particulars which are not procurable under its own legislation or that of the State making application.".

The Governments, whether the Congress or BJP has been lying about the Agreement with the Swiss is preventing them from divulging this information