I have gone through
various policy statements made time and again by the Swiss authorities, containing contradictory facts with untenable and
false claims of full cooperation with International community to prevent Corruptions, Terrorism and organised crimes, which
virtually guarded by Swiss Banking secrecy. Swiss Banking secrecy causing severe damages to developments of victim countries
in clear violation of the basic objectives and principles described in U N Charter for international cooperation in solving
international problems of an economic, social, cultural, or humanitarian character, and in promoting and encouraging respect
for human rights and for fundamental freedoms for all.
Swiss Government built a strong bargain point that “the protection of a person private sphere is guaranteed
by the Federal Constitution, which includes the financial privacy of bank clients. The professional obligation to confidentiality
expected from a banker could be comparable to the one expected from physicians, lawyers or priests. It is subject to specific
regulations and is protected by provisions of the law. Amending these laws would require the approval of the Swiss Parliament
and - most probably - of the Swiss people through a referendum. As recently as last December, the Parliament discussed the
eventuality to specifically mention the right to financial privacy in the Constitution, thus sending a message of the Swiss
willingness to defend this principle well-rooted in our tradition.” Aforesaid admission it is ample clear that Swiss
Government and Parliament are ready to infringe fundamental rights of the citizen of other countries, seriously affecting
economical growths, through Swiss Banking Secrecy, and ready to provide protections to foreigners depositing for their illegal
money in the garb of Constitutional protection, and defending its logics through untenable arguments.
As per available
figures, “Investment from foreign customers in Asset Management 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%.” Further admitting that: “Swiss financial sector manages roughly a third of all worldwide financial
assets invested abroad. It consequently holds a leading global position in the rapidly growing asset management sector. Assets
in customer accounts managed by Swiss banks as of end of 2001 amounted to CHF 3 320 billion.” Switzerland also has the world's 5th largest bond market and accounts for more
than 1/4 of all the money flowing into the global hedge fund industry. Such 57% which
arising to CHF 1 881 billion in Foreign Asset Management is invested by the foreign clients certainly from developing countries.
Reportedly rest 43% is also not from the Swiss Citizens. Its important part accounted from admitted unclaimed assets in the
Swiss Financial sector belongs to Corrupt Politicians, bureaucrats and unscrupulous businessmen from developing countries.
Switzerland in arguments admitting
that “Corruption” is another aspect of financial crime that has gained in importance in the international arena
over the past few years is corruption, and claiming close co-operation with other countries to ensure fight organized crime
and terrorism and to meet the challenges raised by globalization and technological developments. But, we have seen that for
the Political reasons or otherwise, Swiss Authorities withheld respective evidences in the garb of the Constitutional Guarantee
of the Banking Secrecy, provided protections to criminals (certainly not to original Citizen of the Switzerland) taken bribes
in Bofors Gun deal held between Bofors and India Government. While, on the other hand Swiss Government time and again making
false statements that “anonymous accounts” are not exists.”
In fact Swiss Government is equally responsible for 9/11 attack on World Trade Center of New York, and sanction should have
been imposed against it from United Security Council, as the most money of the Terrorist were deposited in Swiss Bank.
As per a roaming report a File is exists in India’s Civil Vigilance Commission, indicating
that amount between about Rs16,00,00,00,00,00,000 and Rs50,00,00,00,00,00,000 (16 and 50 Lakhs of Crores of Rupees) ($US 800 Billions Dollars
or so) of the Black money from India are deposited in Swiss and other foreign Banks by the Corrupt Politicians, Bureaucrats
and unscrupulous Businessmen. Since, control of the Government is not free from embracement from the Powerful Corrupt Politicians,
whose money might be in Swiss Banks, as a result, Government of India is not initiating the matter in appropriate manner.
Therefore my demands, from the Swiss Government are as under:
1) “Switzerland Government should ensure supply of
the authenticated or originals of Swiss documents related to Bofors Bribery Case, on
or before 30th June 2005 to Indian Investigation Agency: Central Bureau of Investigation."
2) “Switzerland Government should agree in principle to discloses
the Amount with the names of the Countries in respect of “Unclaimed Assets”.
3) All details about all accounts
having opened with the Swiss Financial Sector/Banks since 1948 with the names (wherever names available with the
Banks) with the finance from India and other details to disclose before the Indian Authorities and to change its
In case, the Swiss Government does not accept my demands within this period, I shall start my FAST
UNTO DEATH out side Swiss Embassy at Delhi, on and from 1st July 2005.