Arab Today, arab today argentina demands hsbc return funds in swissleaks row
Last Updated : GMT 13:54:18
Arab Today, arab today
Arab Today, arab today

Argentina demands HSBC return funds in SwissLeaks row

Arab Today, arab today

Arab Today, arab today Argentina demands HSBC return funds in SwissLeaks row

Depositors kick and hit the entrance of a branch of HSBC bank
London - AFP

The head of Argentina's tax authority demanded Monday that HSBC bring back $3.5 billion (3.2 billion euros) in assets claiming the London-based bank helped Argentinian clients move offshore to dodge tax.
Ricardo Echegaray said he expected HSBC "to redress the grievances caused to the finances of Argentina" by allegations revealed in the SwissLeaks scandal.
He was speaking at Argentina's embassy in London shortly before HSBC's chief executive Stuart Gulliver appeared in front of a committee of British lawmakers to give evidence about the controversy.
In November, Argentina's tax agency, AFIP, charged HSBC with helping 4,040 Argentines avoid paying taxes by stashing money in secret Swiss accounts on their behalf.
"We would like to know firstly if HSBC Holdings PLC supported the behaviour of the Argentine branch and secondly, we expect the repatriation of funds by HSBC Holdings PLC that, to our knowledge, amount to $3.5 billion," Echegaray said.
The SwissLeaks scandal broke earlier this year after documents stolen from HSBC in 2007 by a disgruntled bank employee, Herve Falciani, and handed to the French authorities were published in the media.
The cache was used to support claims that HSBC's Swiss private banking arm helped clients in more than 200 countries evade taxes on accounts containing $119 billion.
Argentina's economy has slowed in the past year, shrinking 0.8 percent in the last four months of 2014.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today argentina demands hsbc return funds in swissleaks row Arab Today, arab today argentina demands hsbc return funds in swissleaks row

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today argentina demands hsbc return funds in swissleaks row Arab Today, arab today argentina demands hsbc return funds in swissleaks row

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today Taxi! Transport gets an overhaul

GMT 12:09 2017 Sunday ,24 September

Taxi! Transport gets an overhaul
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Turkey warns of 'security' steps

GMT 12:17 2017 Sunday ,24 September

Turkey warns of 'security' steps
Arab Today, arab today North Korea 'more opaque'

GMT 10:50 2017 Sunday ,24 September

North Korea 'more opaque'
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today 'Lady Beast' fights for girl gamers

GMT 10:27 2017 Sunday ,24 September

'Lady Beast' fights for girl gamers
Arab Today, arab today Psychologists help Mexico deal

GMT 05:05 2017 Sunday ,24 September

Psychologists help Mexico deal
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Third generation adds more power

GMT 13:40 2017 Sunday ,24 September

Third generation adds more power
Arab Today, arab today Carmakers face billions in European

GMT 12:37 2017 Saturday ,23 September

Carmakers face billions in European
Arab Today, arab today Lebleba is preoccupied in filming 'Back Street'

GMT 08:56 2017 Thursday ,21 September

Lebleba is preoccupied in filming 'Back Street'
Arab Today, arab today Big Western brands polluting oceans

GMT 20:10 2017 Saturday ,23 September

Big Western brands polluting oceans

GMT 08:59 2017 Wednesday ,20 September

Youssra prepares for launching her program

GMT 10:16 2017 Friday ,22 September

All eyes on May as she prepares

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 12:01 2017 Wednesday ,20 September

Puerto Rico, Virgin Islands brace

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 18:11 2017 Saturday ,23 September

Doctor provides advices to families

GMT 13:36 2017 Saturday ,23 September

unveils Joon - the 'millenials' airline

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:46 2017 Thursday ,21 September

Google likely to buy stake in Taiwan smartphone maker HTC

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday