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<b>Letters:</b> In the red

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Business Standard New Delhi
Last Updated : Jan 19 2013 | 11:37 PM IST

BJP leader LK Advani’s bluff about the vast amounts of black money that can be got back to India if he is voted to power has finally been called. Congress MP Jairam Ramesh (‘How real are the figures on black money abroad?’, April 22) has comprehensively demolished the data cited by Advani. The data by GFI, he says, has inconsistencies and, moreover, does not take into account the vast amounts of capital that is coming back into the country through the ‘round-tripping’ or Mauritius route. If money going out has to be counted, then money coming back also has to be counted.

S S Malik, Mumbai

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First Published: Apr 24 2009 | 12:15 AM IST

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