First Tranche of Swiss Banks data can uncover hidden wealth, mostly about closed accounts
R Sinduja
News Editor
Image Credit: shortpedia
India prepares to analyze troves of Swiss bank details; a large portion of 1st tranche of data is being shared by Switzerland First Tranche of Swiss Banks data can uncover hidden wealth. This is related to accounts that have been already closed due to fear of action, bankers & regulatory officials said. Bankers admitted there was a huge outflow from these accounts in the last few years. The details belong to businessmen, NRIs.
