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Monday, February 13, 2012

Indians Have Stashed Over 500 Billion USD In Banks Abroad : CBI

An estimated 500 billion dollars (nearly Rs 24.5 lakh crore) of illegal money of Indians is deposited in tax havens abroad, CBI Director A P Singh disclosed here today.

Speaking at the inauguration of first interpol global programme on anti-corruption and asset recovery, he also said largest depositors in Swiss Banks are also reported to be Indians.

From: http://ping.fm/YOKN8

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