As the government promises a new black money bill in the current Parliament session, a former employer of the world's largest private bank, UBS, has told NDTV he can give India valuable information for its black money probe.
Bradely Birkenfeld, 50, the high-profile whistleblower, was rewarded $104 million by US authorities for revealing secrets of Swiss banking.
In an exclusive interview, Mr Birkenfeld told NDTV India should ask whistleblowers for advice on the new black money laws being planned. "Whistleblowers are an arm of law enforcement," Mr Birkenfeld told NDTV. "No one's going to argue that this is a bad thing except the people who are breaking the law".
Mr Birkenfeld said he'd like to help the Indian black money probe free of charge. "I welcome an invitation from the Indian government. I'm helping the French government and I've helped several other governments with respect to UBS."
The event led to a huge debate across the world about banking secrecy that helps shield money laundering and tax evasion on an industrial scale.
Mr Birkenfeld was sentenced to 40 months in jail as he was found guilty of withholding information about one of his former clients. But he was released early and is on parole until November 2015.
UBS, Zurich has been in the news in India regarding jailed Pune businessman Hasan Ali, whose links to a Swiss bank account with a deposit of $8 billion were revealed after documents were found in a raid in 2007.
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