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Sri Lankan black money holders in Swiss banks to be revealed

It is reported that Swiss Government has agreed to release, from next year, information regarding Sri Lankans who have money in Swiss banks illegally.

Until now Swiss government was responsible for the protection of privacy of account holders in Swiss banks but an Act passed in Swiss Parliament recently has allowed information to be released.

According to reports names of a number of Sri Lankans appear on top of the list of Swiss bank account holders and among them are several politicians.

It is presumed that about 200 Sri Lankans who have amassed money through illegal means such as drug trade have accounts in Swiss banks and the amount they have deposited exceeds Swiss Francs 2 billion.