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Scam 2.0: How $40 bn of exports and FII flows may be fiction

Here’s a thought: Maybe Advani can take a break and chat up some smart cookies in Mumbai during his yatra. It seems some of the black money has already come back and is nesting in our own backyard. It is sloshing about in the stock markets and bank accounts. Here’s the stunner: The amounts involved could be as large as $40-45 billion and this is money that came back just in one year, 2010-11.

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