Let black money remain in Swiss banks: Kejriwal
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Let black money remain in Swiss banks: Kejriwal

Last Updated: Sunday, February 27, 2011, 12:04
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Let black money remain in Swiss banks: Kejriwal New Delhi: Eminent social activist and Magsaysay award winner Arvind Kejriwal on Saturday said the black money stashed in Swiss bank by Indians should be left there as it will never be properly used if it comes back to the country.

"Let the Indian money in Swiss bank remain there, at least it is safe. If it comes to India, it won’t be used for development but will go in corrupt hands," Kejriwal said at a press conference here.

"If it comes to India under present laws, in absence of any strong anti-corruption law, it will be lost to corruption," he said.

The activist was in the national capital, along with Anna Hazare, Kiran Bedi and Swami Agnivesh to press for the formulation of a strong Lokpal Bill, or anti-graft legislation.

"It was money meant for development, but if it comes back it won't be used for development. As soon as the government started inquiry on Hasan (Ali Khan), he shifted a major amount of money. Now the government is looking for it," he said.

The activist stressed that under the present laws, the investigating agencies were working under those accused of corruption.

To start an investigation, the Central Bureau of Investigation needs permission from those against whom it is supposed to act, he said.

IANS

First Published: Sunday, February 27, 2011, 12:04

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Dranf - India
Let`s not befool ourselves that the politicians alone are responsible in stashing their ill gotten wealth in Swiss banks. Whoever has access to raw political and economic power has not hesitated to dip into the filth and fill his coffers. And you will be astounded to know it is the same set of officers who do the dirty work for the politicians are also the one who assist in laundering. One Income Tax Additional Commissioner Rajeev Agarwal made his pile from the Department inMumbai, got an assignment in Ministry of Textiles, became Secretary of Textiles Committee, then the Silk Board, made incredible pots of money, resigned from Government, and joined Pictet Investments, a Swiss Private Bank .He now his own money parked and helped park the ill gotten wealth of his political masters. With your own men in Swiss banks, why fear the Indian law.People like this Rajeev Agarwal were needed to be watched when they were kowtowing to the political masters.
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Aam Adami - Mumbai
Mr. Kejriwal`s logic, as reported above, appears to be most tragic. It is unbelievable that a social activists of his stature can make such a statement. It appears news story reported as above is incorrect and given by some interested party to defame him
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jayant - mumbai
You are correct mr. kejariwal. I feel the depositers must have started buying gold (not even silver) and will keep in safe place. This must be the reason why prices of gold and silver has increse in last few month.

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INDIAN - INDIA
CCTV MUST INSTALL IN ALL GOVERNMENT SECTORS TO KEEP AN EYE ON CORRUPT OFFICIALS WHO TAKES INDIA BACKWARD!
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