Jai Hind, *IMF: Trillions of Undeclared Funds Offshore*<http://org2.democracyinaction.org/dia/track.jsp?v=2&c=I1CWjo4mlMs2fK5pU10aoDaBliBggOoV>
GFI In The News *Advani demands white paper on money stashed abroad*<http://org2.democracyinaction.org/dia/track.jsp?v=2&c=m5PXNS6Szd40ILI2sGCouTaBliBggOoV> *The Daily Times, March 16, 2010* NEW DELHI: Indian opposition Bhartiya Janata Party (BJP) veteran Lal Krishna Advani has asked for a white paper on money stashed abroad in Swiss banks and other tax havens. Welcoming Finance Minister Pranab Mukherjee's announcement that the government is negotiating with 20 countries, including Switzerland, for exchange of information on Indian nationals who have hoarded their tax-evaded or ill-earned wealth abroad, he asked the government to publish a white paper on the issue as it was "duty-bound to share with people the outcome of their negotiations". Banking Secrecy *Swiss bank UBS quizzed on tax*<http://org2.democracyinaction.org/dia/track.jsp?v=2&c=fvzNk3fThppxdnIHGwtJyTaBliBggOoV> *The Herald Sun (Australia), March 17, 2010* THE taxman has asked Swiss banking giant UBS for information about offshore banking services provided to rich customers, the bank says. But the lack of an agreement to share tax information between Australia and Switzerland means the process is "slow and unwieldy" and unlikely to provide "real time assistance" to the ATO, according to an expert on the international tax system. *IRS: New UBS-style foreign bank prosecution "shortly"*<http://org2.democracyinaction.org/dia/track.jsp?v=2&c=Zdq7ghmrB4MAb0xZ2bP75zaBliBggOoV> *Reuters, March 15, 2010* HOLLYWOOD, Fla.- U.S. tax authorities are expected to "very shortly" launch another prosecution against a foreign bank similar to the tax evasion case they pressed against Switzerland's UBS AG, an Internal Revenue Service (IRS) agent said on Monday. Linda J. Osuna, IRS Special Agent in Charge of the Tampa Field Office, told Reuters the expected U.S. case against the foreign bank, which she declined to name, would be for "the same behavior that got UBS in trouble." *U.S. likely to get peek at HSBC accounts*<http://org2.democracyinaction.org/dia/track.jsp?v=2&c=lnELO6IU1EI4P0d%2FH6PHOTaBliBggOoV> *Reuters, March 12, 2010* The revelation that an ex-employee of HSBC Holdings Plc stole tens of thousands of its Swiss accounts is likely to give U.S. tax authorities fresh clues in their pursuit of wealthy tax cheats abroad. HSBC on Thursday said theft by a former employee involved data on up to 24,000 Swiss client accounts that has wound up in the hands of authorities in France, where the ex-worker fled. The accounts were from a swath of international clients. Jai Hind, Athish Ravikanth 9663367230,9379030409, 9945969917 http://groups.google.co.in/group/bharat-jagruti-morcha?hl=en<http://www.google.com/url?sa=D&q=http://groups.google.co.in/group/bharat-jagruti-morcha%3Fhl%3Den&usg=AFQjCNGaOPwSn722QN9Wal5qStDFWJ52CA> -- ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ OWNER : [email protected]; [!! Sriram Savarkar ¡¡] ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ You received this message because you are subscribed to the Google Groups "Sriram Savarkar" group. To modify your list subscription, please send a blank email to: For posting Messages: [email protected] Subscribe : [email protected] Unsubscribe : [email protected] Visit Group : http://groups.google.com/group/sriram-savarkar?hl=en To unsubscribe from this group, send email to sriram-savarkar+unsubscribegooglegroups.com or reply to this email with the words "REMOVE ME" as the subject.
