Something interesting about SWISS BANKS …

Rudolf Elmer is a former employee of Swiss bank Julius Bär. He worked for the bank for close to two decades, the last position being overseeing the Caribbean operations of the bank for eight years until his dismissal in 2002.He came to prominence as whistleblower in 2008 when he gave secret documents to WikiLeaks detailing the activities of Julius Bär in the Cayman Islands and alleged tax. Before that, he was arrested in 2005 for 30 days. He was convicted in Switzerland in January 2011 and rearrested immediately after for having distributed illegally obtained data to WikiLeaks early in January 2011. Julius Bär alleges that Elmer has doctored evidence to suggest the tax evasion.

The question of black money after evading tax landed in Swiss bank is very old and has been discussed not only in India but also in US, UK and Germany. This money includes the money of politicians in India, Mafias, smuggling, even money of various Hollywood actor and actresses.

The actual number of Account holder and money dumped is only available with SWISS Banks (Which Elmer and WikiLeaks claim to have).

To provide such information to foreigner is offence in SWISS. Hence, Elmer might be arrested and trialed or even killed.

There is huge money coming from India and Pak to there. Indians have deposits of $1789 trillion in SWISS Banks as per report of Swiss Banking association (India Aboard magazine).

As per Global Financial Integrity (association), every year 51 Lacs Crores of Tax evasion takes place in India and Pak.

SWISS Banks have all the protection of SWISS Government. Banks provide 15% of GDP. Hence, Government doesn’t interfere into business of Banks. They are secured by the Swiss Bank Secrecy Laws which actually provides that Banks are under no obligation to any one even the government to disclose the information regarding bank Accounts or account holders.

However, if someone has any complaint, it can be made to Banks ombudsman. India however has not made any complaint (or not felt till!).

USA however has made some serious check on this uncontrolled system. US citizen requires clearance from US revenue department to open Account in SWISS BANK.(Indians don’t require it).US has even forced SWISS Banks to freeze the Accounts of Al-Quida and other extremist groups in Iraq.All such information was provided to US government.

Indian Government however, did not feel necessary to have such check on Banks even though there is such a huge amount of Black money involved. Infact, SWISS Banks to don’t give any value to India even though India is their biggest customer.

Interesting facts of SWISS Bank Account · Swiss Banks don’t look at credibility of the person to open account. With 5000-25000 Swiss francs any one can open the account, even an insolvent. Some Banks however don’t allow normal person to open account. Only person with good reputed name can open an account. · There are three types of Bank Accounts: 1. Classic 2. Premium 3. Corporate and 4. Numbered Of course forth account is used for dumping Black money. For forth account, the account holder is known by that number (code) only. No one even Banks don’t know the name of that person. Even that number is known to very few of the Bank officers. All the transactions take place by the account number only. · Once open an account, you can do transactions through net banking. You can withdraw money through international Debit and Credit card anywhere in the world. · In some banks however, opening of Account is not easy. Some banks enquire huge minimum Balance. These banks provide portfolio Management services as well. · UBS and Credit Suisse are two biggest Swiss banks having almost 50% of total deposits in SWISS BANKS.

- Harshad Mane

We, the people!

India has an ethnic touch to its soil. We as Indians are very proud of it. With few exceptions, there would be no country on this earth which has so much beautiful dimensions.

First Civilization, birthplace of education, ancient history of developed knowledge on diversified subjects, far ancient history, rich cultural diversification, linguistic diversification, geographical enrichment, proud history and history of freedom fight which turned our fortunes to be largest democracy of the World.

India in very senses is unique and one of the only!

Indian known history dates back to 1500 BC where the very advanced and cultured civilization took place in India when the other parts, man was still hunting and roaming for food. India has rich history of dynasties; the peak would be Satavahana and Magadh when India was very rich financially. The history till ninth century is most of peace and prosperity. Its of great teaching of peace and love by Buddha & Mahavir.

India has one very reach mineral with it from very past. Knowledge and Intellect. It was in India where first medical operation took place. When other parts of world was cured by herbal, Indians have own developed medical science. Charak and Sushrut have written very knowledgeable books on medical sciences. When today’s developed nations would not be knowing E of Economics, Chanakya in our nation wrote the very first book on Economics and Politics. Its very interesting to note that many of the practices he has written are still followed in today’s world and are known as different theories in these social sciences. India was developed in astrology, time sciences; Mathematics was the inborn subject in this land. We were rich in literature, politics, economics, zoology, botany, chemistry, biology, maths, stats, medicine and all the sciences except space science.

India was (and still) the first place where god resides. India is very believer nation where worship comes first. Obviously there was range of temples in India carved with tremendous art. See Konark Temple built in one stone!

The black history of 6 decades of invasion by foreign attackers mainly from Iran, Turkistan mainly Mughals destroyed the culture in India trying to invade their culture.

This is the period which is in contrast with our richness till end of tenth centaury. Invasions destroyed our financial richness. They destroyed the temples, killed the knowledge. But we also forgot our great culture, our knowledge, our bravery and our responsibility. Rajputs forgot the eklingji and started worshiping mughals. All the braves in India started fighting with each other for the invader and started feeling great in serving for them. Vijaynagar gave up before Allauddin Khalji’s mere 8000 army. We forgot our patriotism, our love for our land, freedom, history. It was first time when time taught us first lesson “The Nation which forgets history does mess with future!”. The history of this period is full of bloods, wars and fighting’s within us, history of killing own people even relatives for Muslim kings, conceiving each other. It all happened because we forgot who we are!

It was one fine period of 1630-1680 when Shivaji Maharaj built own free state in Maharashtra which gave birth to a very strong power-Marathas which then spread to north and south as well. Great Marathas bravery in panipat war even though lost in battle, was able to stop the ‘green invasions’ from north of India. There were other proud instances of Maharana Pratap, Maharaja Chatrasal which however could not result in major setback against enemy, unfortunately.

Now it was time for British to play with our nation. They came as traders but with black intention to rule us. Because we couldn’t understand the danger nor we thought to rectify our mistakes, British could stand firm first in form of East India Company and then directly under Queen and formed government in India. How can force of few could made the huge nation like us their colony. We were not as small as Africans. But we forgot who we are!

1857 freedom fight was a tremendous attempt but with no co ordination. It was 19 the Centaury which saw real turnaround in our fight. Emergence of Lokmanya Tilak, Gadnhi, manier extremist including Bhagatsingh, Rajguru, Sukhdev, Chandrashekhar azad and some out of box thinking of Advindo babu and Subhashbabu which resulted in our freedom after 150 years. It took as longer as 150 years because our own people where opposing our freedom fighters. They are not different from those in former decades whi=o opposed Shivaji Maharaj, Maharana Pratap in their great work of freedom. Then what we could learn from history?

Independence came with curse of division. Why would few people and Mr. Jina would have though for different nation? Who made them at such extreme thoughts to divide two nations for Hindu and Muslim. Was it British? Why? Who are they to divide us..it happened We forgot who we are.

It was golden day of 26^th January 1950 when parliament approved our constitution. India’s constitution is one of the best piece of legislature in the world, very carefully and intelligently drafted with utmost care. The greatness of our Constitution lies in fact that besides amendments, there was no reason to question on the viability and applicability of constitution till date. Even it has itself provided for the situation of 1977 of Constitutional Breakdown. Its not at all easy to make one law which could govern the unanticipated situations and working of such a huge administrative system. Our Constitution has very cleverly distinguished the Administration, executives and Judiciary. The situations where Supreme court can ask questions to Central Government and Prime ministers is the result of such distinction. We should have tremendous proud on our constitution and great makers of constitution.

Today we are 60 years of age with a pride of biggest democracy. Today we are looking towards the goal of being Superpower by 2020. We are growing at 8-9% per year far ahead from US and UK. We are developing sciences, infrastructure, we are atom enabled nation, we secured seat in UNs Security council, we are founders of WTO. All the presidents of developed countries want to build strategic relations with this great nation. Today we are carrying great journey towards our goal towards 2020. We are moving one inch higher every day in all spheres of life.

At this moment India is facing some tremendous questions. India has very dirty and incapable politicians. The administrative system is coloured with allegations of inefficiency. This is time where we, the people of this nation should come forward to take charge of the working of this nation. Its very important that today we should change our neutrality so coming generations would not curse us. The current political situation is again going towards wrong side and its hyper time to correct it.

It’s the time where we should not repeat the mistake of not learning from history.Its time not to repeat the mistake we did in past. If we want to correct our future we should learn lessons of History very strong.

We the people of this great nation are angels. We are special creatures so we could born inthis great nation. Tomorrow is ours, India has capacity to lead this world. India has tremendous past of knowledge, culture, richness. We have taught the world the love and care.

Its time where we should all get united for this noble cause.

We, the people of this great Nation!

- (Proud Indian) Harshad Mane

THE BLACK ARTICLE

The Problem of Black money is not a new phenomenon. India is not only country where there is black money generated. But India is one of the biggest (or biggest?) nations where such a huge quantum of unaccounted money is involved.

There has been an old cry regarding the huge black money deposited in foreign tax heaven nations, and there has been demand to bring them into main stream too. But like farmers and adiwasis, this question was lying unattended by politicians and Governments (Government is plural, mind it!) and like former was in the interest of all politicians. After all there are very few cases where all politicians are in consensus.

In last few months, again there is rising of thought to bring this treasure into economy. The reason was very appreciable Suprem courts wordings on the issue when Justice B Sudershan Reddy and Justice SS Nijjar rightly asserted that unaccounted money was nothing but plunder of the nation with serious security ramifications. “Its pure and simple theft of national money.” Whery rightly commented by SC.We are very much thankful to Supreme court which has raised a voice and forced government on something worse in administration of nation. We are really thankful to our Constitution who gave this autonomy to judiciary apart it from executives. There has been Rs.20,00,00,00,00,00,000 (deliberately not written in words, count twice!!) this much money is deposited in Swiss banks owned by Indians (politicians and political big shots).

The amount was declared and first reaction from Indians…. “Big deal…it was expected”!!!... (We are well versed in counting up to 10,000 Crores! (and now 1,74,000 Crores!)).Actually Indians are now confused with what reaction this needs…

Rs. 20Lacs Crores is almost half of our Gross Domestic product i.e. value of goods and services we all together produce every year. This is half of the efforts by farmers, workers, labours, traders, professionals, producers during the year…which these politicians ate till date and got away from the economy. All money produced in the economy is circulated within either goes to government through tax to finance (politicians and residual for) development plans. This money is used for the betterment of infrastructure, for creating good employment, opportunities and this is everything for what we pay to government. The money earned and produced in economy, brought in economy from outer space (like export) is used for the betterment of my nation and citizens. Then isn’t it shameful if half of the amount is lying in foreign nations which are not used of our economy at all. Foreign nations are using this money to finance and develop themselves. Who gave rights to politicians to dispose of money which we earned, the way they want? When could we dare to ask them the question?

UPA government is now under real scanner…

It’s quite unacceptable why congress is not ready to take action? Mr. PM said as 100 days agenda after assuming the chair, to bring all unaccounted money into India. He didn’t deliver... (it was too expected!) Now when the question is open on dias why he is not making the move? He is infact trying to hide the names. Mr. Pranab Mukharjee commented that they cannot disclose the names because of want of confidentiality clause of various treaties. First of all, these are all blunders. Do these treaties more important than aam admi? Who is important? These pieces of papers and words written or the lives of the citizen of our nation? Can a law overwhelm the welfare of nation? Can an agreement be preferred over the remedy against cheating with Crores of people?

Mukharjee says “we are bound by International treaties and commitments.” ….And you are not bound to Indian people?

But that’s the question…what exactly should be our reaction on this? Indian politics and politicians are so much in sheet…that now politicians don’t feel bad after being declared involved in scam, nor we Indians feel ashamed or angry or annoyed by the news. The system is now assumed and system has assumed us all!!

We know politicians do take bribe and for everything…This has became so much “expected”…that we can easily fold and keep news paper aside after reading most immoral and ridiculous news like politicians and Government baboos stolen land reserved for unfortunate better halves of those who sacrificed their blood for us…I remember the days when politicians at least used to feel ashamed…so they were taking bribes under the table. But now they have thrown away all the limitations of morality…Adarsh is too much. What worse can we expect from our politicians?

But we are used to it…and that’s where Indian democracy died thousand deaths…we don’t feel that its something above the tolerance level…we either have became so open heart or have became deaf and dumb…we otherwise fight for the fourth place, any one entering in between the queue and are silent even seeing how these politicians are playing with our money and their powers…!

What a person would do to me…if I stop someone on road, take away five hundred bugs from his wallet and just torn it…

Politicians are doing it every day and we are not saying anything?

These 20 Lacs Crores is my sweat divided by my sacrifices multiplied by reciprocal of the time and pleasure which I took away from my loved ones…

Politicians are just doing mess with my maths and I am busy calculating square root of infinity!

-Harshad Mane