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Bangladesh
Close Swiss banks to curb corruption, says B'desh Saifur
2006-09-25
Finance and Planning Minister M Saifur Rahman said Thursday the International Monetary Fund (IMF) and the World Bank (WB) should take initiatives to close down the banks in Switzerland if they really want to curb corruption globally.

"The Swiss banks should be closed first by the IMF and the WB to start the fight against corruption," Saifur told reporters in response to a query about the donors' intention, aired in the recently concluded meeting in Singapore, to go tough against corruption.

"Corrupt people around the world keep their money in the Swiss banks," he added, after emerging from the meeting of the cabinet committee on national purchase.
You have to admit that he has a point.
Posted by:Steve White

#5  The Swiss are not to blame for the failed economic policies and lax law enforcement in Bangladesh.

Posted by: john   2006-09-25 12:59  

#4  I don't think he does have a point. If there is probable cause or a good legal case, the banks will reveal the records (well, some of them will). What they won't is allow government to go on fishing expeditions. The IRS here can look into anyone's account for no reason whatsoever as a "random" check up.
Posted by: Jackal   2006-09-25 10:10  

#3  'tain't the banks, it's the customers. They could close every goddamned bank with strong privacy protection, and the corrupt would find a way.
Posted by: Rob Crawford   2006-09-25 07:52  

#2  Also close every resteraunt with a red and white checkerboard tablecloth, to hamstring the mafia.
Posted by: Super Hose   2006-09-25 00:41  

#1  What about the Cayman Islands? Luxembourg?
Posted by: gromky   2006-09-25 00:41  

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