National Security & Millions of Dormant International Bank A/c
Is it better to help Indian Citizens close their Dormant International Bank A/c & get back their $$ without visiting the countries where they have the Dormant International Bank A/c? No?
Small is Beautiful & the Butterfly Effect: do you know about the concepts?
First, The Easy Question:
How National Security CAN get adversely impacted by misuse of the Millions of Dormant International Bank A/c {in foreign countries} which are owned by Indians?
Let’s leave this question for the Experts Worldwide to think over.
Next Questions on the Millions of Dormant International Bank A/c:
Is it better to help Indians close the A/c & get back their $$ without visiting the countries where they have the Dormant International Bank A/c?
Is it too difficult to implement?
Is it better to help Indian Citizens close the A/c & get back their $$ while they are in India or any other country away from the countries where they have their International Dormant Bank Account with a few Hundred to a few Thousands US$ equivalent money?
I wrote on this topic long ago in 2022; however as the Indian Lok Sabha Election is coming closer (as well as world is changing too fast), I thought to share my thoughts again.
Millions Migrant Workers Returned
How much US$?
India:
Indian Government can help bring back to India, Total Amount, varying: ($1,000 -to- $10,000) x (1000 -to- 100,000), i.e., US$ 1 Million to 1 Billion US$
जय प्रभु श्री राम, the Indian Government can also win good wishes and prayers of (1000 -to- 100,000) people in India.
How that’s Possible?
Easy. With the click of the mouse, via internet banking.
Just need to send Government Directives to all the foreign banks in the country for mandatory assistance in closing bank accounts [bank account owned by people or company bank accounts operated by the people who are currently resident in the country and wish to close the bank accounts held in foreign countries] held in other countries with those foreign banks.
There are many people who worked in foreign countries and returned to their home country or country of residence without closing their bank accounts in the foreign country where they had worked or did business. Among those people there will be a significant percentage (%) of people who may not be able to go to those foreign countries in the near future or ever after. And would love to close the bank account(s) in the foreign countries while being at home if possible without much hassle and financial loss.
Migrant Workers, Professionals & Small Business Owners
The Governments of India, Myanmar, Bangladesh, etc [from where a large number of people go to foreign countries to work and do business] can easily facilitate such closure of bank accounts in the present age of digital banking.
Such banking — closure of bank account & withdrawal of money in foreign currency — can easily be done with a nominal banking fee to be paid to the foreign banks; and no tax on the money received below a certain amount of USD.
This can make many people happy and the Government can get back possibly significant amount of foreign currency.
$$: The Total Amount should not matter because the effort required is just a little.
The Total Amount of $$ should not matter because the effort required is just a little. But the Important Questions remains for the Experts Worldwide:
First, the Easy Question:
How National Security CAN get adversely impacted by misuse of the Millions of Dormant International Bank A/c {in foreign countries} which are owned by Indians?
Next Questions on the Millions of Dormant International Bank A/c are:
Is it better to help Indians close the A/c & get back their $$ without visiting the countries where they have the Dormant International Bank A/c?
Is it too difficult to implement?
Let’s leave the questions for the Experts Worldwide to think over.
“Do you see harmful impacts of Singaporean Unethical Propaganda on your country’s capital flight, businesses, peace & prosperity? Singaporean Unethical Propaganda has been undermining Indian PM Modi's 5 Trillion US$ Economic Goals.” — Dr. Madhab Paul, 19 July 2022
The continued Resource Flight in many 100s of Billions US$ each year from India to “Singapore & similar other countries” which consequently make more than 50% of Indian population “very poor” who need food grain subsidy; as well as, this “SAD Fact” has been creating chaos and impediments to peace-prosperity in India for decades.
Can Indian PM Modi win "Nobel Prize" in Economics?
Sure; the "9 Good Reasons" how and why?
Big Question: Will the Brilliant People around Prime Minister Modi let that happen?
শাপে বর — Do you know about the Bengali Proverb?
শাপে বর (Got Good Things from Curse or Bad Things)
শাপে বর, #BoycottMaldives got global attention & Maldives President Dr. Muizzu became famous among people worldwide.
Now the Brilliant People around Prime Minister Modi can ensure Dr. Muizzu win 2 Nobel Prizes, in Economics & Peace; how?
A Little Intro:
“The continued Resource Flight in many 100s of Billions US$ each year from India to “Singapore & similar other countries” which consequently make more than 50% of Indian population “very poor” who need food grain subsidy; as well as, this “SAD Fact” has been creating chaos and impediments to peace-prosperity in India for decades.”
What’s the Next Step Forwards?
Real Diplomacy for Global South
Real Diplomacy for Global South
Rwanda Flights for Poverty Alleviation:
Why UK need to prioritize Rwanda flights (instead of providing save haven in the UK) for the Financial Frauds from global south?
Intelligence for Poverty Alleviation:
The Intelligence that can eradicate “Man-Made-Poverty” among over One Billion People in India, and many more people worldwide:
👉 The Five Eyes Countries’ Governments & Government Agencies need to voluntarily share “info w.r.t. Financial Frauds & Camouflaged Money Laundering in many Trillions of US$ each year” on public domains.
Global Laws for Poverty Alleviation: State Sponsored Financial Terrorism:
👉 Is facilitating movement of “Stolen Money” and “systematically defrauding assets of other countries” is an act of state sponsored terrorism?
Yes, sure, it should be categorized as an act of state sponsored terrorism because this causes extreme poverty among many 100s of Million people “jeopardizing their lives”.
1-Example, Singapore & CECA 👉 Leasing the License n facilitating movement & repackaging of "Stolen Money"
1-Story (dated 7 Nov 2022) for Better Illustration, kinda 500% legit:
Small is Beautiful & the Butterfly Effect: do you know about the concepts?
***
👉 Insightful last article: have you missed reading?
“Do you see harmful impacts of Singaporean Unethical Propaganda on your country’s capital flight, businesses, peace & prosperity?
Singaporean Unethical Propaganda has been undermining Indian PM Modi's 5 Trillion US$ Economic Goals.” — Dr. Madhab Paul
प्रभु श्री राम भक्त माधव पाल, "पाल : PAL — “Plan-Act-Lead” in 2024."Wrote More than Enough
Since 2020, I wrote a lot about BAD Business Practices & REAL Singapore. सत्यम शिवम सुन्दरम — now I am leaving the rest with the Almighty God who is madly in love with the World & People for their well-being: "यदा यदा हि धर्मस्य ... मनुष्य निमित्त मात्र"
Bruegel & Singapore, it’s an interesting topic for Harvard University Professors to research for preparing REAL business case study; May I Help You?
The Question Remains on National Security & Millions of Dormant International Bank A/c:
Is it better to help Indian Citizens close their Dormant International Bank A/c & get back their $$ without visiting the countries where they have the Dormant International Bank A/c? No?
Is it too difficult to implement?
Getting Back to Business
Dr. Madhab Paul, Professional Services as: Director, Country Director, Managing Director, Business Development Director, Director for Innovation, Consultant, Professor of Practice, Advisor, and Keynote Speaker; available for hybrid, digital-global work, and onsite work; I am open for relocation if the work is interesting.
Please feel free to email me for business, social-service, or just being in touch.
Best Wishes,
Dr. Madhab Paul
प्रभु श्री राम भक्त माधव पाल, Abut Me, a brief intro
Professional Profile (CV) https://innovation.mitaservices.com/dr-madhab-paul-professional-profile-cec01ada366a
Please feel free to email me for business, social-service, or just being in touch.