'How real are the figures on black money abroad?'
see link
https://www.business-standard.com/india/news/\how-real-arefiguresblack-money-abroad\/355844/
Richard Murphy, a chartered accountant in the UK who fights against tax havens, says that developing countries (read India) need a better model to break the secrecy than the OECD one — under which the country seeking information needs to give the name and account numbers of the suspected looter. India needs to fight for a better regime.
CAclubindia
