TOP FIVE COUNTRIES WITH BLACK MONEY includes INDIA

India in top five with black money. According to Swiss, India has more money in Swiss banks than all the other countries !
THE TOP FIVE COUNTRIES with black money includes China,Saudi Arabia,Mexico,Russia& India.

Among them china stands first for illicit outflows with $233bn-$289bn, followed by Saudi Arabia ($54bn-$55bn), Mexico ($41bn-$46bn),Russia ($32bn-$38bn) and India($23-$27).

Is India really a poor country.May be not,If this all illicit flow of money(black money) is stopped.....
NOW
The issue of money taken illegally abroad and stashed in tax havens has recently acquired prominence because of the feeling, encouraged by the global slowdown, that days of secret banking are over.