Begin typing your search above and press return to search.
Black money: Whistle-blower Asks Protection To Reveal Secrets
By: Tupaki Desk | 3 Nov 2015 9:37 AM IST
HSBC bank whistle-blower Herve Falciani made sensational comments about black money of Indians. Herve on Monday said that he was willing to cooperate with the Indian investigative agencies which were probing black-money cases.
He claimed that millions of crores worth illicit funds are flowing out of India. He said he was ready to cooperate with the investigative agencies in their black money probe but demanded for protection.
"I have a lot of information about Indians stashing away money abroad. I am ready to divulge all details to the Indian investigation agencies. But I need assurance towards the safety of whistle-blowers" said Falciani while addressing media persons through videoconferencing.
" We are not protected... If I am coming to India, I will be arrested. I'm not able to share information because of lack of coordination," he added saying that millions of crores are flowing out of India, Russia, Brazil, and Argentina every year.
Herve Falciani is facing charges in Switzerland of leaking details of bank account holders in Geneva branch of HSBC. French government gets access to the list and they shared it with India relating to Indian clients of the bank.
He claimed that millions of crores worth illicit funds are flowing out of India. He said he was ready to cooperate with the investigative agencies in their black money probe but demanded for protection.
"I have a lot of information about Indians stashing away money abroad. I am ready to divulge all details to the Indian investigation agencies. But I need assurance towards the safety of whistle-blowers" said Falciani while addressing media persons through videoconferencing.
" We are not protected... If I am coming to India, I will be arrested. I'm not able to share information because of lack of coordination," he added saying that millions of crores are flowing out of India, Russia, Brazil, and Argentina every year.
Herve Falciani is facing charges in Switzerland of leaking details of bank account holders in Geneva branch of HSBC. French government gets access to the list and they shared it with India relating to Indian clients of the bank.