HSBC whistleblower hopes for wider Europe tax probe

HSBC Canary Wharf

A former IT analyst from banking group HSBC who provided prosecutors with data on thousands of accounts said in an interview he hoped a Franco-Spanish tax avoidance probe would widen to other countries.

Pursued since 2009 by Switzerland on charges of stealing data from his former employer, Herve Falciani told Reuters he hoped French authorities will team up with prosecutors in countries ranging from Greece to Germany.

'The investigations were blocked in various countries due to a lack of knowledge about the objective and the scale of the problem', he said. 'My hope is that several of those will now resume with new directions - we'll see in the coming months'.

Falciani, who was accompanied by three bodyguards employed by the French government to give him protection, was speaking in a Paris cafe not far from the landmark Invalides building days after a being questioned for four hours by French lawmakers trying to tighten rules against tax evasion.

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Ex-HSBC employee hopes for widening of Europe tax probe

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