Money grows on Coalgate and in Swiss Bank, not on trees

September 22, 2012 0 By narayan28

Prime Minister Manmohan Singh says: Money does not grow on trees

Prime Minister Manmohan Singh decided to fight corruption coal-gate by FDI

Government decides to bring FDI instead of Swiss bank deposited Indian money.


Corruption has assumed unprecedented proportions with the Coalgate allocation scam running into billions of dollars. While Anna and his team’s movement primarily focused on bringing a strong Lokpal Bill, Baba Ramdev has been crusading to bring back the black money stashed away in Swiss banks, to India.


Swiss Bank A/c: U. S. Vs India


Kazakhstan’s Government said its President deposited in Swiss bank for safekeeping. What our Government says?

United States makes India behind on the Declassification of accounts in public and on the matter ofSwiss bank accounts especially.


Newspaper reported on Sunday Nov 13, 2011: Switzerland has started handing over details of around 130 U.S. clients with hidden Swiss accounts as part of a U.S. investigation into tax evasion. The U.S. may soon request additional information on clients at Swiss banks.

Why does Indian Government hesitate in getting information on Indian clients at Swiss banks?


The Swiss government has been in talks with U.S. authorities for months to try to secure a deal that would end investigations into 11 Swiss banks in return for payment of fines and the names of clients suspected of evading taxes.

Has Indian Government talk with Swiss government in this regard?


Switzerland managed to strike a deal with the U.S. authorities in 2009 for UBS, which involved UBS paying a fine of $780 million, allowing it to avert criminal charges. It later also revealed details of around 4,450 clients.

Has Indian government such type of deal with Switzerland?


Is $1891 billion deposit of so called Indian leaders in Swiss banks for safekeeping?

Deposits In Swiss Bank 
Top 5
India—- $1891 billion
Russia—– $610 billion
China—— $213 billion
UK——– $210 billion
Ukraine ———– $140 billion
Rest of the world —-$300 billion

This is more money than ALL the money in ALL the banks in India taken together ! This shows how corrupt we are…


Is not high time to get that money back to India…instead of inviting FDI



Book:  Silent Assassins: Jan 11, 1966

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