Indonesia, Switzerland agree to avoid double taxation
Originally posted by: nwgirl
Wouldn't have thought Indo gov is doing substantial business with the Swiss.
The Cendana Clique is said to have up US$40 billion stashed away in Swiss banks, likely one of Switzerland's largest private account holders. It may, in fact, be a subtle way of trying to recover that stolen loot and returning to the people of Indonesia, from whom it was plundered.
That is actually a very, very strange and misleading article by Antara (hmmm what else is new).
The real news on this cooperative agreement is that the two governments will now work together on law enforcement and investigation of ill-gotten loot in Swiss banks.
SBY said:
"This agreement will support the GOI's anti-corruption drive and endeavor to continuously uphold good governance, including the tracking of illegal assets stashed by Indonesians in Swiss banks."
Makes one wonder which side Antara is on...