$ 500 billion of money illegal has been deposited in banks abroad---M Venkaiah Naidu

Nellore: BJP national leader M Venkaiah Naidu demanded the UPA government to clarify its position to return to India, billions of black money stashed in foreign banks.
Addressing participants of one-day policy seminar for executives mandal in the district, where he inaugurated on Thursday, he said CBI Director, AP Singh revealed that $ 500 billion of money illegal has been deposited in banks abroad, but the union government has yet to make its position clear on what to do about it.

Nellore District

Nellore District is a district of India's Andhra Pradesh state. Nellore is famous for high paddy yield, and so it got its name from "nelli", an equivalent word for paddy in Tamil. The population ofthe district was 2,668,564 of which 22.45% were urban as of 2001.
Nellore city is its administrative headquarters. Three major cities in the district are Nellore, Kavali and Gudur. It is located in the southern most east corner of Andhra Pradesh. It is bordered by the Bay of Bengal to the east, the state of Tamil Nadu to the South, the district of Cuddapah to the west, and the district of Prakasam to the north.