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Tags archives: illegal

All deposits in Swiss Bank are illegal is shaky presumption, says Arun Jaitley

Arun Jaitley in his blog today attacked opposition and others who are targeting government over the rise of deposit by Indians in Swiss National Bank (SNB). “A news item has appeared today indicating an increase of money by ‘Indians’ in the Swiss banking system. This has led to misinformed reaction in certain circles raising a query whether the Government’s anti-black money steps have yielded results”, he wrote. “To assume that […]

76 tigers killed due to illegal poaching in India this year, Madhya Pradesh tops list76 tigers killed due to illegal poaching in India this year, Madhya Pradesh tops list

In an alarming revelation, it has been found that as many as 76 tiger deaths have been reported because of poaching in the country from January to October this year. According to a Times of India report, Madhya Pradesh is on top of the list, accounting for nearly one-third of the total number of deaths and Karnataka stands on the second spot with 13 deaths. This number of tiger deaths […]

Swiss leaks: HSBC admits lapses, Ambanis deny having illegal accounts

  LONDON/NEW DELHI With a global leak revealing tax evasion through offshore accounts in its Swiss branch, UK-based global banking giant HSBC on Monday admitted there have been lapses in the past on its part. “We acknowledge that the compliance culture and standards of due diligence in HSBC s Swiss private bank, as well as the industry in general, were significantly lower than they are today,” HSBC said. “The bank […]