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Black money: India to sign agreements with 42 more nations

Nitin Goyal

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DEHRA DUN: After signing agreements with 48 countries, India will shortly ink pacts with 42 more nations to bring back black money stashed abroad, Union minister of state for parliamentary affairs Harish Rawat said.

Once these agreements are signed, India will be in a position to bring back black money stashed in different banks abroad, he told reporters here.

On BJP leader L K Advani's claim that Rs 25 lakh crore were stashed abroad as black money, he said the exact amount is not yet known.

"The BJP is an expert on the matter. It is because of this expertise that its leaders can make an assessment of the black money," Rawat said. He pointed out India has already signed agreements with 48 nations to bring back black money.

These countries include Switzerland and Germany, the minister said. India will sign similar agreements with 42 more nations, including Spain, he said.

On BJP leader L K Advani's criticism of the UPA dispensation on the black money issue, Rawat asked the former deputy Prime Minister what steps the then NDA government took to bring back the money.

"The NDA was in power for nearly six years," he said.

Black money: India to sign agreements with 42 more nations - The Times of India
 
No use at all if all that is in Madam G's Italian and Swiss accounts. These banks probably run the economies of these European nations. Do you really think that they'd help us that to at this time when they need cash themselves so badly?
 
These anti-corruption/black money moves are really gaining momentum now. Future is looking brighter and brighter, keep it up!
 
And to think it took one Edda ANNA to move The G Company
 
off course....future is bright but road is so hard........hope for a CORRUPTION FREE INDIA never dies.....
 
Most black money is of Congress.... They transferd money through normal or bussiness mans into swiss banks....
 

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