Allegations of Black Money
Swiss Banks are alleged to stash black money i.e. as that part of a nation's income or that a person or organization acquires illegally and concealed, by reporters and journals, and reportedly there are more Indian deposits in the Swiss banks than any other nationality. Editor-in-chief for WikiLeaks, Julian Assange, noted that, as per documents of bank accounts by a former banker and whistleblower Rudolf Elmer, the "names in the documents came from "US, Britain, Germany, Austria and Asia' – from all over".
Read more about this topic: Banking In Switzerland
Famous quotes containing the words black and/or money:
“Thou art a beaten dog beneath the hail,
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Half black half white
Nor knowst’ou wing from tail
Pull down thy vanity
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“What money is better bestowed than that of a schoolboy’s tip? How the kindness is recalled by the recipient in after days! It blesses him that gives and him that takes.”
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