Dated 1st July 2005
His Excellency Mr. Kofi A. Annan,
United Nations Organisations,
Mr. Sarbuland Khan,
Department for Economic and Social Affairs,
New York (USA)
His Excellency Sir,
This is Most Humble Appeal on behalf of myself and my organisation (Movement for Accountability to Public) as
well as other supporting organizations and individuals from around the world, to the world's highest body responsible for
Global Governance, to take appropriate cognizance in respect of Illegal Policy of certain countries, prevailing in severe
violations of the Universal Declaration of Human Rights, which directly fueling enormous corruption, international terrorism,
crime, and significantly damaging the growth and developments in developing nations, under the garb of their own laws and
constitution. We must actively try to block the arteries that supply illegal
money to terrorists and antisocial elements so that the world can be a safer and happier place.
WHY APPEAL FROM THE INDIVIDUAL CITIZEN OR ORGANISATIONS, IN A MATTER, WHICH SHOULD HAVE
BEEN RAISED BY STATE MEMBERS OF THE UNO?
First of all a question may arise in the mind of His Excellency that why State Members of UNO not raised the
issue referred herein. In this context my Humble submission is that most of the Governments running in developing and democratic
Countries like India, are working under heavy pressures from various quarters including corrupt but powerful and influential
politicians, bureaucrats and unscrupulous businessmen, who can damage to the legs of the Governments of the day. This is also
not clear, whether Principle NGO’s working with the sole object and purpose to enhance transparency in the governance,
at all having been propagated or not against Banking Privacy Law of Switzerland? Since, the matter is severe in nature, and
also grave concerns to Human Rights (proclaimed by UNO) of the masses from the several countries including India, as such
we decided to raise this important issue with hope that His Excellency will certainly take immediate cognizance on it. We
have tried our level best to convince Switzerland Government to remove such severe embargo, caused by its Banking Privacy
Laws. This is ample clear that Swiss Government under its Constitutional obligations cannot remove such embargo, though aware
that this embargo is causing severe damages to the Human Rights of the masses of different countries. In this respect my correspondence
with Swiss Authority is referred at: http://milapchoraria.tripod.com/swiss
TO FOREIGN CLIENTS.
cannot be justified at all, because such citizen are legally liable to disclose deposits in foreign Banks before authority
of their own country. A severe case example of the kind of countries referred above is Switzerland.
Their privacy laws (Article 47 of the Federal Law on Banks and Savings Banks) prevent Banks from disclosing the identity
of their clients even if there are clear indicators that certain accounts have illegal or stolen money in them. The sums involved
according to some estimates just from India alone are between US$400 billion to US$1000 billion!
Such Banking Privacy Law of Switzerland is International
Criminal Activity and grand theft that hurting a billion people?
In the last 10 years or so, Swiss authorities have, in theory, passed new legislation and rules aimed at curbing
the international laundering of funds although in practice, even the Swiss people admit that this is nothing but lip service
to silence international uproar on this issue. A line from a major Swiss Bank's
"In theory, bank secrecy can be lifted for matters such as inheritance, divorce and debt and bankruptcy by order
of a legal authority of Switzerland only. In practice, Swiss bank secrecy is
very difficult to lift, for the plaintiff must first prove before the Swiss court, that the account exists in Switzerland,
e.g. by producing a bank statement."
The Swiss people and their government do not seem to take a lesson even from the Holocaust in which Hitler and
the Nazis accumulated looted wealth in Swiss banks during World War II. As Swiss Government itself admitting that in recent
days illegal Money of heads of some States were also found in Swiss Banks.
ASIA, AFRICA AFFECTED THE MOST
Several Heads of States, Ministers, high-ranking government bureaucrats, unscrupulous businesses, terrorists,
drug traffickers, smugglers and other unscrupulous people are depositing large sums of illegal money in Swiss Banks taking
advantage of the "privacy" shield provided by the State of Switzerland. Most
adversely affected are the developing nations including those from Africa and Asia, where disappearance of large amounts of
money badly needed for development cause the poorest people to suffer even more, and for protection of their various Human
UN AND WORLD BODIES' ROLES
UN and world bodies, over the years, have passed numerous resolutions and international laws affirming people's
fundamental rights in an effort to curb injustice by any State or Heads of Governments [see Appendix “A” for some
such references]. Plundering of public funds to the point where billions of people's
suffering increases and people die of starvation is unjustified by any human standards.
The problem needs to be addressed now.
ANALYSIS OF PROBLEM:
Accounts in Swiss banks can be scrutinized only when Switzerland's constitution that provides for privacy can
be amended. In February 2005 Survey Polls were conducted throughout the Switzerland by the Swiss Banking Association, which
shown that 78% of the people of Switzerland are against the lifting of banking privacy even whatever International pressure
exerts, because banking and deposits are responsible for the majority of the country's Economical Strength, albeit a large
fraction of this money is illicit.
itself admitting that:
“In terms of added value, employment and tax revenues, the financial sector is one of the pillars of the
Swiss economy. While only 5,3% of the Swiss workforce is employed in the financial services, this sector contributes to 14%
of Swiss GDP1. In the last 10 years, this share almost doubled, due primarily to the growth in the banking and the para-banking2
sectors. At the beginning of 2003, there were 356 banks operating, of which 209 were Swiss. Beside the global players UBS
and Credit Suisse which account for approximately 60% of the Employment: approx. 200'000 people, i.e. 5,3% of the Swiss workforce,
3,3% in banks, 1,7% for insurance companies and 0,3% for other financial services intermediaries. Contribution to GDP: 11%
for banks, 2,7% for insurance companies and 0,3% for other financial services companies.”
“This is the real specialty of Swiss-based banks which according
to certain estimates, manage more than one fourth of all internationally-invested private
wealth”, “Switzerland's banking system currently comprises 378 institutions
with a combined balance sheet total of more than 2,300 billion Swiss francs. Our two biggest banks – UBS and Credit
Suisse - are ranked among the ten largest in the world, and in the area of asset management, Swiss banks are the world's leaders”,
“A traditional strength of the Swiss Financial Centre is asset management which
created over half of the banks’ total added value. In this business domain Switzerland occupies a leading global position.
Here it is competing with other important financial centres.” and “Swiss financial center: Foreign customers accounted
for a share of approximately 57%. Of all assets held, 42.1% came from private clients and 47.5% from institutional investors.
Commercial clients accounted for the remaining 10.4%. As a means of comparison, Swiss foreign assets (active) in 2001 amounted
to CHF 2,200 billion with corresponding net assets of CHF 602 billion.”. The rest 43% is defined, but reportedly major
part of it are from unclaimed Assets lying with Swiss banks or Government.
On February 18th, 2004 H.E. Mr. Eric Martin, Ambassador, Head of the Economic and Financial Affairs Division
Swiss Federal Department of Foreign Affairs addressed at JCIF - Japan Center for International Finance Tokyo, Japan, in which
he concluded his address:
"Against this backdrop, I would like to conclude by stating that the efforts aimed at promoting a broader exchange
of information can not be separated from the fact that any easing of the observance of confidentiality in Switzerland would
certainly be welcomed by various rival financial centers that may be happy to manage certain assets currently deposited in
our country. In this context, where significant financial interests are involved and arguments of an ethical nature are raised,
it should be pointed out that a number of OECD countries have offshore financial centers within their zones of influence,
which have been gaining rapidly in importance over the past few years. Other countries benefit from legislation that in practice
grants an even higher degree of confidentiality or discretion than Swiss legislation does."
This exhibits the growing nature of this menace not just in Switzerland but also outside.
Generally, in the eyes of law, a person willfully hiding a murderer or criminal is also criminally liable. This
extension needs to be applied to sovereign nations as well. Switzerland knows fully well that huge amounts of illegal wealth
are amongst the bank accounts it holds; yet, there is no effort to find and separate such accounts. Under the taxation laws
of each country, without any immunity, each citizen is liable to disclose his liabilities and assets, including information
relating to Bank Accounts. Therefore, without knowledge to authority of respective country, money
deposited by the foreign Citizen in Swiss Banks is absolutely illegal money, thus should not be protected from the Swiss Banking
REMEDY FOR INTERNATIONAL PROBLEM OF SUCH SEVERE MAGNITUDE
Taking advantage of the severe constraints caused by Switzerland Constitution, which provides that without referendum
such Law cannot be changed, people of the Switzerland are determined not to allow changes in such laws. Therefore, this problem
of International magnitude will not be solved till some sort of stiff actions are taken by the United Nations Organisations,
which should be directed towards its Member States that “they cannot maintain any financial or other relationship with
Switzerland or any other country, having Banking Privacy for Foreign Citizen. Such directions should be imposed for a period,
till these countries do not change their Banking Privacy Laws, to ensure disclosures of the following details before the authorities
of respective countries:
a) Total amount of "unclaimed" money in Switzerland from each country;
b) Total amount of money deposited in Switzerland with names of individuals / organizations, address and country.
In consideration of the matter of international importance and very much concerned to Human Rights of the masses
from the World, I am awaiting your prompt response,
Convenor : Movement for Accountability to Public (MAP):
Columnist : For Several DAILY Newspapers
Author: “A MODEL OF NEW CONSTITUTION FOR INDIA”
“MYSTERIES of POLITICS-CRIME-NEXUS”
B-5/52, Sector-7, Rohini, New Delhi-110 085 (INDIA)
1. Vienna Declaration and Program of Action, adopted by the World Conference on Human Rights in Vienna on 25
2. Resolution 217 A (III) of 10 December 1948 United Nations adopted and proclaimed the Universal Declaration
of Human Rights,
3. Resolution 2200A (XXI) of 16 December 1966 entry into force 23 March 1976, in accordance with Article 9 International
Covenant on Civil and Political Rights,
4. Resolution 2542 (XXIV) of 11 December 1969 on Social Progress and Development,
5. Resolution 39/11 of 12 November 1984 Declaration on the Right of Peoples to Peace and security,
6. Resolution 41/128 of 4 December 1986 Declaration on the Right to Development,
7. Resolution 2200A (XXI) of 16 December 1966 International Covenant on Economic, Social and Cultural Rights
entry into force 3 January 1976, in accordance with article 27,
8. Resolution 55/2 of 8 September 2000 United Nations Millennium Declaration, all Proclaimed by General Assembly
of United Nations Organisations.
1. Their Excellencies The Heads of the States of different Countries;
His Excellency President of India Shri APJ Kalam,
Hon’ble Prime Minister of India Shri Man Mohan Singh Ji,
4. Hon’ble Minister for Foreign Affairs Shri Natwar Singh
Excellency President of the Swiss Confederation Mr. Samuel Schmid,
Excellency Vice-President of Swiss Confederation Mr. Moritz Leuenberger
Mr. Joseph Deiss Head of the Swiss Federal Department of Economic Affairs
FDF Swiss Federal Department of Finance
Ms. Micheline Calmy-Rey, Head Swiss Federal Department of Foreign Affairs
10. Swiss Political
Affairs Division V - Economic and Financial Affairs
11. Swiss UN –
12. Swiss Federal Banking Commission
13. Smt. Sonia Gandhi, President of Congress Party and Chairperson of UPA; through self Email
ID and also through Smt. Ambika Soni and Shri Anand Sharma,
14. Shri Lal Krishna Advani, Leader of Opposition in Loksabha;
15. Shri Jaswant Singh Ji, Leader of Opposition in the Rajya Sabha.
16. Shri Prakash Karat, General Secretary, Communist Party of India (Marxist)
17. Home Secretary, Government of India;
18. Chief Vigilance Commissioner, and other Two Commissioners, Central Vigilance Commission.
19. Director, Central Bureau of Investigation.
20. His Excellency
President of European Union Mr. José Manuel Barroso
21. The Spokesperson
of The President of European Union Mr. José Manuel Barroso
for Economic and Monetary Affairs, European Union Joaquín Almunia
for Employment, Social Affairs and Equal Opportunities, European Union Mr. Vladimír Špidla
25. His Excellency
Mr. Paul Wolfowitz, President of the World Bank,
26. Board of Directors
IMF, through IMF Centre,