UK: Argentina demands HSBC return funds

teleSUR English 2015-03-10

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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

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