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January 19, 2011

Wikileaks info on hidden accounts likely to reveal Indians

WHERE POLITICAL stalwarts failed to deliver, a dynamic journalist, Jullian Assange has succeeded. The political parties in India have been trading charges over the money stashed in overseas tax havens like Switzerland and Germany, however none appear sincere in their approach.

Ruling UPA has time and again offered tall promises to bring back black money stashed away but never appeared genuine in approach. On the other hand opposition too seems hollow in this regard. Now as they are in opposition, they are raising this serious issue, however when they were in power for six years, they did little to catch the booty.

Julian Assange, a man who has been in limelight for leaking strategically important political and diplomatic cable across the world through his web portal, Wikileaks is once again all geared up to ruffle Indian feathers. According to recent developments, Assange has received two CDs containing 2000 names from the world of business and politics. Any time in near future, the list will be made public and is expected to create havoc in many countries, especially in India where influential people are plundering government coffers bypassing laws of the land easily.

Rudolf Elmer, a former bank employee who worked with a Swiss bank in the past has handed over CDs to Assange at the Frontline club, London on January 17, 2011. The list contains information on “high net worth individuals and corporations and many elite rich and famous people. Many leading politicians, bureaucrats, corporations and other famous personalities are supposed to face heat once data comes out in public domain.

Some reports say that anywhere around $5.7 trillion are stashed in tax havens by rich and influential Indians, the money is mostly amassed flouting law of the land and through illegal means, crime, smuggling, bribe and extortion. According to 2007 exchange rates, the money comes to voluminous Rs 285 lakh crore.

The money, if used properly can address many social issues, it can facilitate in constructing world-class roads across the country, taking power to every rural household, providing drinking water in all villages and towns, constructing houses for 30 crore families, providing Rs 8 crore to every village of the nation; and to build a school, a primary health centre and many more.

But who cares, the people who can bring about a change in the society are all engaged in tall talking and trading barb with critics. The corrupt are still roaming free, nothing concrete has happened to people like Suresh Kalmadi, Ashok Chavan, A Raja, Yeddyurappa, many generals and colonels and bureaucrats. Those who can restructure the system are napping or have become a mute spectator to all the ills happening under their nose.

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