doubt he has anything more than hearsay. He's always on the anti-india bandwagon every time such a story breaks out ..

Now, I know Black money is rampant in India and that it's almost a parallel economy in some respects but I'm not so sure it's a number as high as this guy claims.

Also, a whole lot of black money is being "cleaned" up by many a politicos and funneled back into the country via Mauritius and then that money's reinvested in legitimate businesses like real estate/property development as financiers (source: my family friends have a business partner or two with such financial backing)