Forced by the economic crisis, Germany, France, US and UK, which had winked at the illicit monies in the past, have begun a crusade against Swiss banks and other secret tax shelters to flush out the money; Indian Oppoistion Leader Shri L.K. Advani wanted India to join the Western effort to bring back the Indian black wealth from abroad.
But the Manmohan Singh Government for some strange reasons avoided doing the same:
Dr Manmohan Singh failed to ask for the names of Indians reportedly mentioned in the secret record of LGT bank — which the German authorities had offered to open free of cost to give to all who asked for it — the government would not press for the Indian names from Germany.
In the G20 preparatory meet in Berlin where Germany and France had called for blacklisting of Swiss and other tax havens, the Indian representatives at that meeting never opened their mouth on the issue.
Here are the ways the Congress avoided the issue:
"Why this now, at the time of the elections?" asked the Congress spokesman Manish Tiwari, not knowing that Advani had written to the prime minister long before, in April 2008 itself, on the LGT bank issue
Singhvi said that "G20 is not the forum for the issue" of Indian black wealth in Swiss banks when Germany and U.K. were using it as a forum
Jairam Ramesh, wrote a harsh letter to L K Advani saying, "to tell bluntly — Mr Advani, you are lying". Advani, he charged, was lying on his maths about the estimate of the Indian black wealth at between $500 billion and $1400 billion.
Whatever might be the wealth. WHAT IS PREVENTING CONGRESS TO BRING BACK THE BLACK MONEY?
See also : http://www.expressbuzz.com/edition/story.aspx?Title=Unquestioned+loot&artid=rYnAPNoGwgw=&SectionID=d16Fdk4iJhE=&MainSectionID=d16Fdk4iJhE=&SEO=BJP+leader+L+K+Advani&SectionName=aVlZZy44Xq0bJKAA84nwcg==