The Black Trillion

I never knew about this report until I read it
today here.

According to a Swiss Banking Association report of 2006-07 India leads the
top five countries in deposits — the others are Russia, the UK, Ukraine and China.
Here are the top 5 countries in terms of foreign deposits in Swiss banks :

India : $1.45 Trillion
Russia : $470 Billion
UK : $390 Billion
Ukraine : $100 Billion
China : $96 Billion

For those of us who are unaware, Swiss banks provide a real easy way
to park one's money. They don't ask any questions. They don't hand
out your information to anyone, that is actually anyone.

So it has long been suspected that almost all the black money
amassed by Indian Politicians and Businessmen goes to these
banks.

And the issue was raised in parliament by Communist Party of India- Marxist (CPM).
Honestly, no other party could have raised this issue.
One may hate the Communist parties for so many things, but
there are times I truly feel thankful that they are doing a good job.
A much better job indeed.