Pakistan expects return of $200 billion in Swiss Banks

PakistanPakistan expects return of $200 billion in Swiss Banks

07-02-2011-10-02-01-496MDF85013

ISLAMABAD: Pakistan is expecting return of over $200 billion deposited in Swiss Banks earned by some bureaucrats and politicians through illegal means, a report published on Radio Pakistan on Saturday said.

The officials of the finance ministry said that relaxation in financial laws of Switzerland has generated hope for the return of huge amount in the Swiss Banks.

The new laws now allow the concerned government to claim for illegal money deposited in Swiss banks with credible proofs.

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