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:
“You can’t be what you don’t see. I didn’t think about being a doctor. I didn’t even think about being a clerk in a store—I’d never seen a black clerk in a clothing store.”
—Joycelyn Elders (b. 1933)
“I would gladly chastise those who represent things as different from what they are. Those who steal property or make counterfeit money are punished, and those ought to be still more severely dealt with who steal away or falsify the good name of a prince.”
—Elizabeth I (1533–1603)