Money of Bangladeshis has accumulated in the Swiss banks. In just 12 months in Switzerland, they have accumulated about three thousand crore rupees. In all, the amount of money of Bangladeshis in Swiss banks is now 6,275 crores. Which is the highest ever. Bangladeshis have deposited money in Swiss banks at an unprecedented pace when the country is struggling to stop money laundering. This information has come up in the annual report of the Central Bank of Switzerland.
Switzerland has a long-standing reputation for keeping the money of the world's richest people secret. Swiss banks strictly keep the names of their customers secret. That is why the money deposited through conventional beliefs, illegal income and tax evasion is deposited in the Swiss bank.
The Swiss National Bank has been publishing annual reports for over a decade without providing specific customer information. According to a report released on Thursday (June 18), in December 2021, the deposits of Bangladeshis in Switzerland stood at 61.11 million Swiss francs, which is 75 rupees per franc, which is 8,275 crore in local currency.
Exactly one year ago, this amount was 56 crore 29 lakh francs or 5 thousand 346 crore rupees. In other words, the deposits of Bangladeshis in Swiss Bank have increased by Tk 2,926 crore in one year.
According to the report so far, the highest deposits of Bangladeshis were in Swiss bank in 2021. Deposits of only 31 million francs in 2002 have increased almost 30 times in two decades. The highest growth rate was in 2021.
Despite various steps taken by the government to curb trafficking, even after the court's directive, most money was deposited in the accounts of Bangladeshis last year. According to the US research institute Global Financial Integrity, Rs 61,000 crore is smuggled from Bangladesh every year.
According to the report, total deposits increased in Switzerland last year. At the end of 2021, the country's banks had a total deposit of 140,000 crore francs. 4 thousand crore francs more than the previous year. Although the number of steps taken by the central government of India has been declining for a few years, the deposits of Indians have increased last year.
Analysts say that as secrecy declines in Switzerland, many rich people are now turning to tax havens such as Luxembourg, the Cayman Islands, the British Virgin Islands and Bermuda to hoard illegal money.