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Fw: (1) Switzerland breaks with banking secrecy tradition (2) Petition to PM for ractification of UN Convention against Corruption

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  • Milap Choraria
    TRUTH SHALL ALWAYS PREVAIL Milap Choraria  Editor: Suchna Ka Adhikar / RTI TIMES National Convenor : Movement for Accountability to Public (MAP)
    Message 1 of 1 , Mar 13, 2009
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      TRUTH SHALL ALWAYS PREVAIL
      Milap Choraria 
      Editor: Suchna Ka Adhikar / RTI TIMES
      National Convenor :
      Movement for Accountability to Public (MAP)
      http://milapchoraria.tripod.com/msp http://rtitimes.net


      --- On Sat, 3/14/09, Milap Choraria <milap_choraria@...> wrote:
      From: Milap Choraria <milap_choraria@...>
      Subject: (1) Switzerland breaks with banking secrecy tradition (2) Petition to PM for ractification of UN Convention against Corruption
      To: "Her Excellency President of India Smt. Pratibha Devisingh Patil" <presidentofindia@...>, "K.C Jayarajan" <kc.jayarajan@...>, "Hon'ble Prime Miister of India Dr. Man Mohan Singh" <pmosb@...>, manmohan@..., "Hon’ble Chief Justice of India Mr K G Balakrishanan" <supremecourt@...>, speakerloksabha@..., "Shri P. Chidambaram, Home Minister of India" <websitemhaweb@...>, chidambaram@..., cabinetsy@..., kcsekhar@..., hansrajb@..., advanilk@..., rajnath@..., jaswant@..., gandhim@..., "Smt. Sonia Gandhi" <10janpath@...>, soniagandhi@..., "Montek Singh Ahluwalia Dy Chairman Planning Commission" <dch@...>, fm@..., "Ahmed Patel" <patelm@...>, ambika@..., jairam@..., arjuns@..., brinda.k@..., "Kamal Nath" <nath@...>, ksibal@..., ak.antony@..., "Help Ministry of Law & Justice" <cpio-la@...>, "Union Minister for Health & Family Welfare" <hfm@...>, oscar@..., ajaitley@..., "Mani Shankar Aiyar" <msaiyar@...>, aicc@..., bjpco@..., info@..., jmishra@..., thedmk@..., shivsenabhavan@..., shivalaya@..., response@..., rjdal@..., mail@..., marxistindia@..., cc@..., info@..., biswasd.aifb@..., biswasd@..., intuchq@..., mail@..., jaishriram@..., webmaster@..., pawars@..., pasangma@..., drvrajeshwaran@..., yogi@...
      Cc: rti-times@...
      Date: Saturday, March 14, 2009, 11:40 AM

      Now, in view of the changing attitude of the Swiss Government, although under pressure from USA and G-20, a hope is rising that results may be possible, if the Government of India, ratify the U N Convention against Corruption and make the appropriate law to retrieve Indian Black Money from Swiss Banking System and other foreign Banks, provided our Prime Minister want to lead the nation of 100 Crore people, against lead by one person, as reflected in a letter written by Mr. Prakash B. Bajaj, Editor Mumbai-Times of India , Chandralok ‘A” Wing, Flat No 104, 97 Nepean Sea Road , Mumbai 400 036, Phone 98210-71194, which is posted at:

      http://vivekajyoti.blogspot.com/2009/03/will-his-heart-send-message-to-his.html.
       
      Now n new News is forwarded from USA by my Chennai freind Mr. T P Radhakrishnan:-

      Online edition of India's National Newspaper
      Saturday, March 14, 2009
      Switzerland breaks with banking secrecy tradition 
      BERN: The Swiss government said on Friday it would cooperate on cases of international tax evasion, breaking with a long-standing tradition of protecting wealthy foreigners accused of hiding billions of dollars in the Alpine nation.
       
      The government insisted it would hold on to its cherished banking secrecy rules; but said other countries could now expect Swiss cooperation in cases where they provide compelling evidence of tax evasion.
       
      “We want assistance to be restricted to individual cases to prevent fishing expeditions,” President Hans-Rudolf Merz told a news conference, referring to the practice of seeking information about many individuals in the hope of discovering a few tax evaders.
       
      A number of countries are hoping to avoid being blacklisted by world powers when they meet in April to discuss stepping up their fight against tax cheats.
       
      Austria and Luxembourg also said Friday they would step up cooperation on tax probes.
      But the greatest pressure has been on Switzerland, which is embroiled in a dispute with the United States over wealthy Americans that have stashed money in its biggest bank, UBS AG.
       
      Swiss authorities have provided the U.S. with the bank details of up to 300 wealthy Americans suspected of tax fraud, but refuse to identify about 50,000 more U.S. account holders Washington wants.
       
      The bank and the government have said further cooperation would violate Swiss law, which makes an unclear distinction between the serious crime of tax fraud and the minor offence of tax evasion.
       
      Merz’s announcement came a day after Switzerland’s tiny neighbor Liechtenstein bowed to outside pressure by adopting the standards in a similar attempt to shed its label as a tax haven where foreigners can safely hide their money.
       
      Several others tax havens — including Andorra, Bermuda and the islands of Jersey and Guernsey in the English Channel — also have signalled over the past month that they would open their books to foreign tax inspectors.
       
      Swiss bank vaults hold an estimated $2 trillion of foreign money. (Out of which a big amonut, belongs to Most Corrupt and anti-national and anti-people: Politicians, Bureaucrats and Criminals from India)
       
      The Swiss Bankers Association said it supported the decision, but now wants “an end to all improper international criticism of Switzerland and its legal system, and also an end to threats to put Switzerland on a so-called ‘black list.’”
       
      The UBS case represents the most serious crisis in the Swiss banking community since the uproar in the 1990s over Jewish accounts left unclaimed after World War II. After reacting slowly, Swiss banks eventually agreed on a $1.25 billion out-of-court settlement with the descendants of Holocaust survivors.
       
      Switzerland passed its banking secrecy laws in 1934 during a worldwide depression and under the threat of espionage by France and Nazi Germany, which aggressively courted Swiss bank employees to divulge the names and data of customers. Strict penalties were imposed for violating bank confidentiality. — AP
                                                     **********
      Another freind -- Jaya Kamlani also forwarded the same News:-
      Switzerland breaks with tradition on tax evasion”

      http://news.yahoo.com/s/ap/20090313/ap_on_bi_ge/eu_switzerland_banking_secrecy

       
      This News also added as follows:

      "Still, secrecy standards have eroded.

      Switzerland has retooled the rules over the past two decades to make it easier for poor countries to reclaim assets stashed in Swiss banks by their former dictators, and has become a world leader in returning potentate cash.

      And after the 2001 terrorist attacks on the United States, the neutral country took a key role to freeze assets and investigate suspected financiers of global terrorism."

       

                                                          **********


      TRUTH SHALL ALWAYS PREVAIL
      Milap Choraria 
      Editor: Suchna Ka Adhikar / RTI TIMES
      National Convenor :
      Movement for Accountability to Public (MAP)
      http://milapchoraria.tripod.com/msp http://rtitimes.net
       
      One of freind Mr. Kanan V. Jaswal had posted Online Petition to Prime Minister for ratification of the UN Convention against Corruption. He is requesting to sign by the large number of people.    
       
      Petition to Prime Minister is Posted:-
      http://www.PetitionOnline.com/32029pmb/petition.html
       

      First Time, in India, taking serious threats from Powerful and influential, to my lives and liberties, I served a Notice for Fast till Demands meet, at the outside Swiss Embassy in Delhi, through Email dated 29th April 2005, to, His Excellency President of Federal Republic of Switzerland , through, Swiss Ambassador to India , Nyaya Marg, Chanakyapuri, New Delhi - 110 021. Thereafter, I served a number of representations to the Parliamentarian from different countries including Switzerland and to the head of the various Governments through Emails and I received responses including from World Bank. Some of them are also posted at: http://milapchoraria.tripod.com/swiss/.

       



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