[Marxistindia] Confiscate black money stashed in swiss bank accounts

news from the cpi(m) marxistindia at cpim.org
Fri Jan 21 12:32:57 IST 2011

January 21, 2011


Press Statement


The Polit Bureau of the Communist Party of India (Marxist) has issued the following statement:


Confiscate Black Money 
Stashed in Swiss Bank Accounts


The laxity of the UPA-II Government in unearthing black money stashed in Swiss Bank accounts and other tax havens has been exposed by the recent observations of the Supreme Court. 


Unaccounted and ill-gotten wealth, amassed through tax evasion, money laundering and other illegal means, parked in these Swiss Bank accounts should be directly confiscated by the Union Government from the Swiss Banks. These monies should be brought back to India and the details of the account holders must be made public.


Any delay in undertaking these steps would be unacceptable.


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