~~Indian money in Swiss Bank~~

I got this article from my friend ,regarding the amount of Indian money stored in Swiss bank and how different our country can be if that money reaches back to our country and used in a proper way. Just edited few points from it.

If black money deposits was an Olympics event….
India would have won a gold medal hands down. The second best Russia has
4 times lesser deposit. U.S. is not even there in the counting in top
five! India has more money in Swiss banks
than all the other countries combined!

Is India poor, who says? Ask the Swiss banks. With personal account
deposit bank of $1,500 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!
This may be the picture of deposits in Swiss banks only. What about
other international banks ?

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.