'Black money' flows: Government is doing nothing with Indians holding secret accounts in tax havens

Discussions about ‘black money’ are hardly new in India, though what is said is often based on little more than wild guesstimates and rumour.  Everyone knows it exists, but it is notoriously difficult to find, much less curtail.  Among the sea of banners at Ramlila during Anna Hazare’s fast-unto-death two years ago was a list of Indians who allegedly hold secret accounts in Swiss banks.  “We have proof” was its shaky declaration, as it fluttered in the wind.

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