Tuesday, November 23, 2010

Another reason why offshore banking is so profitable

From the Financial Express in Bangladesh:

"Money is sent abroad in such a secret process that family members of the persons even do not know about it after their death, he said adding that the foreign banks then 'take away' the money."

No wonder Swiss bankers were so reluctant to give up their Nazi loot. It is one more cynical aspect of the offshore system.


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