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:
“Your hooves have stamped at the black margin of the wood,
Even where horrible green parrots call and swing.
My works are all stamped down into the sultry mud.”
—William Butler Yeats (1865–1939)
“When it comes to money nobody should give up anything.”
—Anthony Trollope (1815–1882)