We Indians believe Swiss accounts hold the maximum black money of big shots in our country. However, The real facts were shocking to say the least.
As per Lok Satta Jayaprakash Narayan's observation, "Swiss decision on Indian accounts is a small step. Out of about $750 billion Indian assets abroad, Swiss account for just 0.5%. There are more than 30 tax havens. We need resolve, relentless pursuit and endurance to trace Indian money all over."
JP stressed the need of closing loopholes in the system at least now. He declares the country is loosing $80 billion annually in the form of black money.