The deposit of Bangladeshis in Swiss bank is 5 thousand crore rupees
Bangladeshi money has accumulated in the banks of Switzerland. Until December 2019, the deposits of Bangladeshis in these banks stood at around five and a half thousand crore rupees. The amount of money deposited by Bangladeshis is the second highest among South Asian countries. Due to the strong stance against black money, deposits in Swiss banks from neighboring countries including India and Pakistan have decreased a lot, but Bangladesh's money has not decreased at that rate.
The Swiss National Bank (SNB) released its annual report on Thursday (June 25th). This information was obtained from that report. According to the relevant sources, although various initiatives have been taken to prevent money laundering from the country, smuggling is not decreasing. Money is being smuggled from the country in various ways. Some people are building beautiful houses and resorts in different countries of the world in the sense of smuggling. Some are depositing in Swiss banks.
But a five-year analysis shows that the amount of wealth held by Indian citizens has halved by December 2019. And the amount of money deposited by the citizens of Pakistan has decreased by one-third in five years. But the citizens of Bangladesh have lost only 130 crore rupees.
According to the report, in December 2016, the deposit of Bangladeshis was five thousand 553 crore. And in December 2019, the amount of this deposit stood at five thousand 426 crore. As such, Bangladeshis have withdrawn only Tk 130 crore from Swiss banks in a span of one year.
Similarly, India, Pakistan, Sri Lanka and other South Asian countries have also announced a zero tolerance policy against black money, which is effective in India-Pakistan but this policy has not proved effective in Bangladesh at all. But the Bangladesh government has been giving the opportunity to launder black money for more than five years. In the proposed budget for the next fiscal year 2020-21, it has been announced to provide the opportunity to launder black money without any question. Even black money has been given the opportunity to invest freely in the housing sector including stock market, land, flats. Even then, money laundering from the country is not decreasing at the desired rate.