Were the recent developments in Germany, with its authorities asking for the secret names, the turning point?
The Germans took the step of bribing a bank official of the LGT Bank in Liechtenstein by paying $6 million. They got a secret CD containing 1,500 names of people who have stashed away money, and nearly 500, 600 of these were Germans. They acted against them, which included the head of the German postal system. Then they told the entire world that anyone could ask for the names and if the names of those countries’ nationals were there, they would part with it free of cost. All the countries made a request, but not India. So, Advaniji wrote a letter in April last year, but an evasive reply was given. Three other things also happened. One, after Germany acted very powerfully, there was a big diplomatic row between Liechtenstein and Germany. Liechtenstein is a place from where secret trusts are created and monies are deposited into Switzerland. It is a principality. Then, Germany took up the issue in the Organisation for Economic Cooperation and Development’s 17-nation platform (Switzerlan
