News Column

Pakistan expects return of $200b from Swiss Banks

June 29, 2014

Pakistan is expecting return of over 200 billion dollars deposited in Swiss Banks earned by some bureaucrats and politicians through illegal means.According to officials of the Finance Ministry, relaxation in financial laws of Switzerland has generated hope for the return of huge amount in the Swiss Banks.

The new laws now allow the concerned government to claim for illegal money deposited in Swiss banks with credible proofs.

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Source: National Herald Tribune (Pakistan)

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