Possible to recover black money from Swiss bank?
The question is in everybody’s mind that is it possible to recover black money from Swiss bank? We are citizens of any country in the world and we hope none of us have ever heard of Swiss Bank. Switch banks are places where unscrupulous people from all over the world stash black money to avoid paying taxes to their governments. In fact Swiss bank does not refer to any specific bank, any bank located in Switzerland is called Swiss bank, the specialty of all these banks is that the government of this country has taken a decision by making a specific law that if someone deposits money in this bank, any details of this bank Will not disclose to the government of his country or to any other person. Let’s say a businessman in America opened an account in a Swiss bank with 500 crore rupees to evade the government of his country so that he does not have to pay taxes, but in no way will the government of that country know that he has opened an account with 500 crore rupees in a Swiss bank. . That’s because Swiss Bank will not disclose any identity of its customers in any way. Not only that, even if the depositor dies, the money will continue to accumulate over the years and no one will know that the person deposited the money in the Swiss bank.
There is no complicated procedure to open an account in a Swiss bank. Here is a very simple procedure, but here you have to open an account with a certain amount of money, for example, 5 crores. It is possible for businessmen or those unscrupulous people who have a lot of income and come to deposit money here to cheat the government. Before coming to power in 2014, Prime Minister Narendra Modi, the main face of India’s BJP government, had promised the people that if he came to power, he would return all the black money that India had deposited in Swiss banks. But till now he has not been able to fulfill his promise, but one of the good news is that before 2014, the total amount of black money deposited by Indians in Swiss banks was about twenty thousand crores, now it has reduced by 50 percent, that is, the Indian government applied various diplomatic pressures on Switzerland. So that various details can be collected by those who put money there it has been tried gradually. That also doesn’t mean Swiss banks won’t share their customers’ details with the government in some cases, if possible. The conditions are that if there is any criminal activity in the name of the person who has deposited the money in that country, then they must give the details of that person to the government of that country. But they are not obliged to return the money to the government of the country where they deposited it.
If seen then you will understand that Switzerland is one of the richest countries in the world and with it a huge amount of cleverness. That’s because Swiss banks have their dishonest people from different countries, dishonest employees, come and deposit their black money here and in most cases, they stay deposited. In most cases, the customer keeps that money in that Swiss bank for generations, so that money can never come to that country. I live in Switzerland, the economy of Switzerland is growing a lot. If you look at history you will see that Switzerland did not participate in World War I and World War II because it knew that war would destroy it, it would not bring money or economic development in the country, so it quietly developed its own country and other countries only fought among themselves. Wasted his economic resources. Not only that, when the two world wars were going on, since Switzerland did not participate in any of the wars, the rich businessmen or individuals of those countries saw this Switzerland as a very safe place to keep their money. The reason why Switzerland has not been involved in a war in the last 500 or 600 years is because it has maintained its image as if everyone thinks that their economy is at the top of the table and that they have all kinds of security, or they have imaged themselves to the whole world, so that the people of different countries They know why they deposit money in Switzerland without thinking about anything else. Because they know Switzerland is the safest place to keep money.
The country with the highest amount of money deposited in Swiss banks is the United Kingdom followed by the United States of India. If they can get their hoards together, they can turn their economy around overnight. But we also know that it is not so easy to bring money from Switzerland to different countries because Switzerland does not share any information of its customers with anyone and they are so strict about this that if any employee who is associated with the bank has any idea of the customer information. There is a strict system for him if he shares it. So the question is, is it never possible to bring black money from the last bank? My answer is yes, but the road is very difficult because there are these bad people in almost every country in the world and in fact these bad people control the economy and social system of the country and all these people have their The extra money comes from depositing in Swiss banks as black money and the influence of all these people is so high. Among them there are different leaders ministers of different countries and big businessmen who actually control the country’s economy. We can never reveal the names of those people. In fact, the government will not take any such action. The government will raise all these issues only to annoy its public during the elections, but actually they In no way will the switch play a priority role in bringing money to the bank. It’s amazing to think that while a large part of the world is starving, a class of people are so hungry for money that they deposit their surplus money in Swiss banks, maybe three or four generations from there, and they won’t be able to get the money back. Even you should know that Swiss banks Does not give any interest i.e. suppose you deposit 500 crore rupees then you will not be given any interest on that amount but you will have to pay interest.
Switzerland Total Deposits was reported at 2,142.619 USD bn in Jul 2024. Here are some countries with money deposited in Swiss banks:
UK: The UK has the most money from foreign clients in Swiss banks, with CHF 254 billion.
US: The US is second with CHF 71 billion.
France: France is third with CHF 64 billion.
India: India was in 67th place in 2024, down from 46th in 2022.
Pakistan: Pakistan’s money in Swiss banks dropped to CHF 286 million.
Bangladesh: Bangladesh’s money in Swiss banks dropped to CHF 18 million.
Belgium: Belgium has $6.3 billion in Swiss banks.
Germany: Germany has $4.4 billion in Swiss banks.
Cayman Islands: The Cayman Islands has $4.3 billion in Swiss banks.
BVI: BVI has $4 billion in Swiss banks.
Canada: Canada has $3.9 billion in Swiss banks.
Ireland: Ireland has $3.5 billion in Swiss banks.
Egypt: Egypt has $3.5 billion in Swiss banks.
Argentina: Argentina has $3.5 billion in Swiss banks.
U.A.E.: U.A.E. has $3.5 billion in Swiss banks.
Turkey: Turkey has $3.5 billion in Swiss.
You will be surprised to know that Swiss Bank has various Indian branches not only in India but also in other countries of the world. But one thing experts say is that we can stop asking for money in Swiss banks if we citizens are very aware and put pressure on the government of our country that the country’s money cannot go abroad through money laundering. If that happens then that will be the main issue in the election and that government will be sacked. If every country has a demand for their government then Switzerland will not be able to enjoy other people’s money and every country’s money will stay in their own country. Someone told me a long time ago that if a Swiss bank were to reveal to everyone the information about all the money kept in its bank and who kept it, then people would lose trust in each other because it would reveal the names of big film artists, businessmen and even leaders and ministers who have many names. When people think they are their dearest ones or all those people are disguised as good people to people. But those people who steal the country’s wealth and smuggle people abroad can never be good, so when the names of those people come before everyone, they will be vilified by a large number of people. It is surprising to think that a class of people are dying of hunger every day and a class of people’s hunger for money is increasing day by day. The truth is that we are turning from humans to animals day by day.
