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Topic : Wikileaks
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Will Wikileaks revelation about Indian swiss bank account holders help Indian Govt. to nail Tax evaders or Money Launderers?

Created by : Chintan Vyas, L2 , Zeenuth Infotech Ltd.  | 01 18 2011 19:06:49 +0000
Keywords : wikileaks swiss bank julian assange indian govt. rudolf elmer julius baer tax evasion money launderers
Activity:  1491 views;  last activity : 03 09 2011 12:48:37 +0000

A Former swiss bank employee named Rudolf Elmer who was with prestigious Swiss bank - Julius Baer - has handed over two CDs containing the potentially dangerous information to WikiLeaks founder Julian Assange. The former Banker claimed that the bank has helped various U.S. , U.K. , German, and Indian Account holders in Money laundering and tax evasion. These accounts contain huge sums of money that has been transferred by the biggies from India and other countries. So if the claim is true and if Indian govt. is successful in extracting those names of the account holders, will any legal proceedings be undertaken against the defaulters?

  
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Top Argument
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HELP?...YES!

Will it be done? NO!

You only asked if it will Help...Yes it will help only if they try to do it.... :-)
By Varun Chugh, Solution Consultant, eMeter  01 19 2011 12:29:25 +0000
 
Top Argument
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No ways....when the government itself is looting the country..it will be a fools paradise to expect the government to act on it.
By Kiran Kumar Reddy, Business Analyst, SAP  01 19 2011 12:15:08 +0000
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Yes actions should be taken against the defaulters but i know it will never happen.No need to give the cause as everyone knows the state of our country and corruption.
By piyush sharma, Software Developer, Navyug InfoSolutions Private Limited  | 01 20 2011 05:54:17 +0000
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what with so many scams coming out and investigations going nowhere, i support Mr.Varun fully.
By kanukurthy sudershanrao, Operations Manager, Andhra Bank  | 01 19 2011 14:53:02 +0000
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My vote - Yes.

Well I think that this is the right time for Indian Govt. to take that one step that can help to push a panic button on corruption and black money.
By Chintan Vyas, L2 , Zeenuth Infotech Ltd.  | 01 18 2011 19:06:49 +0000
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I would love to see that happening however, I dont see that happening when the people who are directly running the government are a part of that list. It will certainly benefit the media get a lot of attention and someone will earn a lot of money out of it.
By Simul Bharadwaj, Account Manager, Next Level Business Services, Inc.  | 02 24 2011 05:51:52 +0000
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Still Kiran I think they will in all likelihood act on it.
By Rathin Deb, Freelance Retail Consultant  | 01 25 2011 10:50:39 +0000
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It will no doubt reveal some names and sensationalize the swiss love story..Probably you may also see some fake investigations by CBI to make the story even more sexier but you will never see any culprits brought to justice.

I mean that is how our legal system works and along with the government functionaries...So just sit, relax and see how the story unfolds...which will never...even if the Sun turns Red..
By Saibal Ray, Sr. Process Engineer, KPIT Cummins Infosystems  | 01 22 2011 13:49:46 +0000
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It will no doubt reveal some names and sensationalize the swiss love story..Probably you may also see some fake investigations by CBI to make the story even more sexier but you will never see any culprits brought to justice...I mean that is how our legal system works and along with the government functionaries...So just sit, relax and see how the story unfolds...which will never...even if the Sun turns Red..
By Saibal Ray, Sr. Process Engineer, KPIT Cummins Infosystems  | 01 22 2011 13:45:03 +0000
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Its not enough for our govt. to nail Tax as per the info provided by the bank.
By Anand Sharma, Monitoring the research funded by DIT, Department of Information Technology  | 01 21 2011 06:11:19 +0000
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You can take a horse to the water.. Bulk of the data regarding Black Money was already available with the Government - this one and all previous ones. Action is convieniently not being taken.
By V. Srinivas, Freelancer, Information Technology  | 01 21 2011 03:09:13 +0000
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Definitely no action will be taken since they are also in the same boat. Thanks Mr.Kiran Kumar for the referral.
By NATTERAJA R. ARIKRISHNAN, GM-Projects, Bentec Electricals & Electronics Pvt. Ltd  | 01 20 2011 17:53:36 +0000
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No not at all because all evaders are smarter than the Govt. Till any information reaches Govt. and the general public the evader or money launderer is smart enough to take precautionary steps for his safety. Moreover lawyers are at hand to give him or her the advice. If all goes than he will become a scapegoat and public attention will be focussed on him and all the others will have the time and resources to take preventive steps so to say.
By Aditya Sharma, Insurance Advisor/Analyst, LIC OF INDIA, ICICI LOMBARD  | 01 20 2011 05:13:18 +0000
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India govt (Congress) is trying to lure Asange to stop him revealing embarrassing list of politicians and key persons with huge money. Congress in 60 years has looted and ruined India more than British and East India company fast 300 years. It has destroyed every institutions, all systems and laws for its gain in the way killing its people shamelessly(sikh riot,IPKF tamil killing, Bopal gas... maoist). Its only agenda is be in power at any cost and loot India,in proces it helped other to loot like Bureaucrats,Industialists, minin mafia and land mafia....created vote bank and spoiled unsuspecting poor by populist scheme like NREG, PDS scheme helping its own cadre some loot.
By Ashoka B kalgude, Executive, Biocon India  | 01 19 2011 15:06:19 +0000
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Indian govt aka congress is already trying to contact Asange to strike deal to stop embarrassing revelation to its key politicians. The congress has looted and helped other(govt employee, Industrialist,land shark..) to loot country by corrupting all the systems,every institutions and laws recent is new CVC. shameless party looted and ruined India more than British and East India company rule in India.

Its main agenda is be in power any how and continue looting. Create vote bank policy is more Important than developed India. NRGA scheme many other are eye wash and sharing small loot with is cadres and unsuspecting poor.
By Ashoka B kalgude, Executive, Biocon India  | 01 19 2011 14:49:03 +0000
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Are we dreaming?
By SHRIKANT MANOHAR DANKE, Project Manager, Phadnis Infrastructur Ltd  | 01 19 2011 14:11:14 +0000
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reminds me of the movie "knock out " :) but as usual all happy endings happen in movies not real life .
By Shaikh Mohd. Laeeq, Technical Associate R&D , ThinkLABS Technosloutions Pvt. Ltd.  | 01 19 2011 13:45:41 +0000
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This issue will also get buried as usual! You will have no surprises, even if their names made public!
By S. Muralidharan, Executive Director, Knowledge Foundation & Campus Around the Corner  | 01 19 2011 12:46:40 +0000
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Here the main problem is that highly placed  people in govt are involved in this scam, therefore the govt will NOT like to act on this. On the other hand they will like not to make it happen and will oppose it, Therefore we do not expect the govt to act on this. Our gentle PM is helpless because he can not do anything of his own though he may be interested to make it happen.
By Onkar Datt Sharma, Manager (Technical), Retired  | 01 19 2011 12:44:34 +0000
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