UK: Argentina demands HSBC return funds
- 9 years ago
Argentina has demanded that London based HSBC return US$3.5 billion dollars in assets, claiming that the bank helped Argentine clients find an off shore location as a tax dodge. In a scandal that broke last November, Argentina's tax agency charged HSBC with helping 4,000 Argentinians avoid paying taxes by stashing money in secret Swiss accounts on their behalf. teleSUR