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Slovakia investigates secret accounts in HSBC

Xinhua, February 12, 2015 Adjust font size:

Police are investigating secret accounts with Slovak links opened at the Swiss branch of British bank HSBC, which have been reportedly used for money laundering, Slovak Police Corps spokesman Michal Slivka said on Wednesday.

Slovak daily Sme wrote on Wednesday that the highest number of suspicious accounts with Slovak backgrounds at HSBC in Switzerland was opened in 1998, when the era of privatisation under then Prime Minister Vladimir Meciar was coming to its end.

Slovakia's National Crime Agency has already started working on the case, examining all available information.

According to Slivka, Slovakia has asked relevant foreign bodies to provide further official information regarding the case.

The Swiss division of British-led HSBC helped clients in more than 200 countries and regions evade hundreds of millions of dollars in tax between 1998 and 2007, leaked secret documents concerning HSBC activities revealed.

A total of 147 accounts with a total deposit of 48.7 million dollars had certain links to Slovakia, according to government officials. Enditem