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money is suspected to be also funding terror related activities.

Our
clean political leaders have to muster courage to act and act now.
In the recent issue of India Today [31-01-2011] it is mentioned that
Sometimes, the money is physically transferred abroad. The CEO of
a Mumbai-based equity firm says that the money is flown abroad in
"specialflights" or chartered aircraft out of Mumbai and Delhi airports
to Zurich.Perhaps this is one reason behind the demand for private
planes. This reveals the gigantic dimension of the problem.

15. There was a report in India Today (February 18, 2008) regarding
foreign travels of Central ministers. It stated that a large numbers of
them visited Switzerland, including on personal trips, certainly not for
skiing in the Alps. Hence the PM should take the nation in to
confidence and inform about foreign travels to tax havens by his
cabinet ministers.

16. There are associated issues of Centre State relations since State
Governments may also have lost substantially due to commercial tax
or entertainment tax or registration revenue due to the actions of tax
evaders keeping funds abroad. Hence it is not just the issue pertaining
to Central Government alone.

17. Very often the discussions veer round to domestic black money.
Domestic black or unaccounted money is definitely important. At
least Domestic black money is used in our economy and to that extent
it is productive. But the money kept in Swiss Banks is neither useful
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to India nor it benefits Indians. Domestic black money is a vote of no


confidence on the Government only while as illegal Indian wealth
abroad is a vote of no confidence on India as a country and hence
treason

18. All measures are conditioned on the sincerity, commitment and


honesty of purpose in the Government and in the political system.
More importantly public opinion has to be generated against this kind
of buccaneering and the political parties have a role in creating the
necessary climate for generating public opinion against this evil.
Aroused public opinion in any country, like in Philippines in the past
and in Tunisia now, will have a great impact on the world. The
political parties have a special role in arousing public opinion on the
issue. The issue has the potentiality to become a huge national issue
and even a mighty electoral issue, like the Bofors bribery became an
issue in the 1989 elections and brought down a mighty Congress Party
government with almost 4/5 majority in Parliament. Here the role of
the media is also important. This movement can facilitate India to lead
the world in altering the existing Financial Architecture favoring the
plunderers

19. The Media has a special role in creating awareness about the evil
phenomenon, and arouse the public opinion against it. This will also
force the political parties and the Government to act. In a democracy
the political systems reacts more to pressure than act on its own

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