At last the cat is out of the bag!!


                                  The Swiss Bank secrecy has been an enigma all these years. The Swiss bank maintains a high level security when it comes to the account details of the customers. The Swiss democracy strictly follows this principle and the financial privacy of citizens is guarded. This attracted the people all over the world (especially people having black money) to deposit their money here so that it will not be scrutinized by any one at any time.

                                  According to the recent news, many Indians (from various fields) are alleged to have deposited their black money in Swiss banks. The long standing problem of Swiss banking privacy was again questioned when it refused to reveal the customer details to Indian Government. Since then the talks were going on all over the world asking the Swiss bank to reveal the details in case of investigation from the government. At last, they have kind of accepted to share the details of the customers but it is not formally announced yet. But we can expect it sooner rather than later.

                                  Beware people; search another place for your black money!!

Posted by Teen Dudes at 10/23/2009 12:15 PM
Categories: entertainment, business, social
Tags: privacy Swiss banks Swiss Bank secrecy hay days black money
 

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