Black money

Swiss Leaks

Print edition : March 06, 2015

Former Maharashtra Chief Minister Narayan Rane. Photo: VIVEK BENDRE

Anil Ambani. Photo: PAUL NORONHA

Mukesh Ambani. Photo: PUNIT PARANJPE/AFP

The investigations revealing the names of several thousand HSBC clients, including prominent Indians, highlight the problems of banking secrecy that enables individuals and corporations to hide unaccounted and untaxed wealth.
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