Foreign Bank Account-holders' list
It is vastly amusing that the electronic media seem to be in a tizzy over a few names. Can we believe that the “guilty” number less than 1,000? Do 627 bank accounts hold the $1-trillion that we are often told is the quantum of India’s black money? For a country where it is widely believed that virtually every rich or powerful person is a crook, as being crooked is sewn into the national ethos, should not the list run into a thousand pages or more? Should it not contain the names of some of the most revered and fawned upon across the political, business, bureaucratic, showbiz, sports, and arts communities? Those who are said to be account-holders must be amused. Let us remember that not one person in all the names and numbers in the Jain diaries case of the 1990s was convicted. The black money chase under way, prodded along by the process of judicial monitoring, seems destined to be an exercise in futility in terms of getting the money back. The accounts would have been closed an...