Bangladeshi deposits at the Swiss bank

By Zonaed Emran, By e-mail
3 July 2017, 18:00 PM
UPDATED 4 July 2017, 00:41 AM
Like every year, the Swiss National Bank (SNB) has disclosed the country-wise deposit information with banks. The amount deposited by

Like every year, the Swiss National Bank (SNB) has disclosed the country-wise deposit information with banks. The amount deposited by us last year was equivalent to around Tk 5,500 crore, which is 20 percent higher than the previous year. It has been observed that the deposit amount from Bangladeshi nationals in the Swiss bank increases every year, and our government has no information about the depositors or the sources of funds.

What are the sources of the funds deposited at the Swiss bank? Are they siphoned off from the country, and if yes, then how much money has so far been plundered? While some of it may be clean money, it is easily conceivable that a lot of it is black money. The government must find out where these funds are coming from before being deposited at the Swiss bank, and take punitive actions if they comprise of tax-dodging money or are siphoned off capital.