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Advani continues to target Congress on black money issue

Ahmedabad, Tue, 08 Nov 2011 ANI

Ahmedabad, Nov 8 (ANI): Bharatiya Janata Party (BJP) leader Lal Krishna Advani continues to target the Congress party-led Central Government on the black money issue.


Addressing a gathering here, Advani said: "The Global Financial Integrity (a watchdog on international policies) has estimated that people from India who have earned through unfair means, corruption, drug money, terrorism, they have deposited the money in the banks of Switzerland.


"It is a total of rupees 25000 billion. It is not just rupees 2000 billion or less (figure of various scams). I tell everyone that the rupees 25000 billion is our money and our earnings. Why did not the government try honestly to bring it back?" he added.


He also said the BJP is determined to corner the government on the black money issue during the winter session of Parliament.


"I would want that on the first day of the session (Winter Session of Parliament), the government presents a White Paper on the issue of black money, in which they declare all the names which they have got from different countries," he said.


"I have heard that 700 names have been procured from France. Names have been procured from Germany, Denmark. Different countries of the world have retrieved their money. America has done it. Smaller countries have done it. Why can't India do it?" he added.


As per reports, an estimated 500 billion dollars to 1.4 trillion dollars of unaccounted money has been deposited secretly in overseas banks by wealthy Indians and corporate bodies.


Earlier, in February 2011, legal notices were served to 17 persons in connection with foreign bank holdings, but international agreements and legal hurdles barred the government from revealing the identities of the persons named. (ANI)


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