India- Country of Biggest Thieves....Political Leaders

Is
India poor, who says? Ask Swiss banks

With
personal account deposit bank of $1500 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

UK -------$390 billion

Ukraine - $100 billion

China -----$ 96 billion

Now
do the maths - India with $1456 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.

What is to be noted here is that most of the
wealth of Indians parked in these tax havens is illegitimate money
acquired through corrupt means. Naturally, the secrecy associated with
the bank accounts in such places is central to the issue, not their low
tax rates as the term 'tax havens'
suggests. Remember Bofors
and how India could not trace the ultimate beneficiary of those
transactions because of the secrecy associated with these bank
accounts?
IS
THERE ANY ONE WHO WOULD SAVE INDIA ?God... No No No, even he
can't....... ....!!

forward
it to all your Indian friends....

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