Keyword: illegal selling

HSBC whistleblower Falciani reveals how Swiss authorities tried to negotiate his silence

Hervé Falciani. © Reuters Hervé Falciani. © Reuters

Hervé Falciani, the HSBC employee who exposed the existence of tens of thousands of tax evading accounts held at the bank in Geneva, is back in France where he will give evidence to MPs drawing up a new law on tax fraud. In an interview with Mediapart the former IT man, who was arrested in Spain last year pending possible extradition to Switzerland, has told Mediapart that the Swiss authorities tried to buy his silence with the offer of a non-custodial sentence. Valentine Oberti reports.

UBS under formal investigation in France over tax evasion

After its French subsidiary was put under investigation, Swiss-based UBS bank faces probe over allegedly helping clients open undeclared accounts.