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Switzerland not agreeing to end bank secrecy: Chidambaram

Posted on March 31, 2014 from Delhi ι Report #498

New Delhi, March 31 (IANS) Finance Minister P. Chidambaram Monday said he had strongly taken up the issue of black money of Indians stashed abroad but Switzerland was not complying with the G20 resolution concerning end of bank secrecy.

"I have done more than anyone else to push other governments to share information (on black money of Indians stashed abroad)," Chidambaram told media persons here.

Asserting that he will raise the issue at the next G20 meeting, Chidambaram said Switzerland was not complying with the G20 resolution that era of bank secrecy was over.