hsbc to pay 300 mn euros to avoid french tax fraud trial
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

HSBC to pay 300 mn euros to avoid French tax fraud trial

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice HSBC to pay 300 mn euros to avoid French tax fraud trial

HSBC Private Bank, a Swiss unit of banking giant HSBC
Paris - Emirates Voice

HSBC Private Bank, a Swiss unit of banking giant HSBC, has agreed to pay 300 million euros ($352 million) to avoid going to trial in France for enabling tax fraud, prosecutors said Tuesday.

HSBC was accused last year of helping French clients to hide at least 1.67 billion euros from the tax authorities, according to a source close to the probe.

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hsbc to pay 300 mn euros to avoid french tax fraud trial hsbc to pay 300 mn euros to avoid french tax fraud trial

 



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hsbc to pay 300 mn euros to avoid french tax fraud trial hsbc to pay 300 mn euros to avoid french tax fraud trial

 



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