Swiss A/C: The smart ones saw it coming

Few governments are as considerate. Nearly 18 months after the first list of Swiss bank account holders was leaked to the media, New Delhi has spelt out a plan to prepare a white paper on black money and ask citizens to come clean about their offshore assets. It's a long enough time for most to cover their tracks, move money to safer destinations and obliterate audit trails. Only the naive and hopelessly careless would still be running accounts with the Alpine banks.

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