ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Puncturing Switzerland's Secret Banking System

The only effective way to bring back black money is to develop a worldwide people's campaign to boycott goods and services from Switzerland and other tax havens.

Black money stashed abroad in tax havens has become a major issue for indignant citizens here and all over the world. Yet Switzerland, the epicentre of dark financial deals, continues to remain blithely untouched by the i­nternational outcry. On 15 August, a spokesperson of the Swiss finance ministry had the impudence to warn the Government of India that it would be in serious breach of its international obligations if it disclosed the names of Indians holding Swiss bank accounts.

Swiss Secret Accounts

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