Police officers and AFIP tax bureau agents today raided the central offices of the HSBC bank in Buenos Aires City following an investigation on more than 4,000 non-declared accounts that Argentineans allegedly own in Switzerland.
The action was order by Judge María Verónica Straccia.
HSBC later confirmed in a statement that it handed over «the documents that were available to judicial authorities, and additional request are being processed.
«We are committed to Argentina, one of our priority markets, and we will continue to contribute to the country’s economic development,» the missive said.
Back in November, the AFIP tax bureau revealed the existence of 4,040 non-declared accounts in Switzerland allegedly owned by national clients.
The office conducted by Ricardo Echegaray has estimated 3 billion dollars of taxes have been evaded due to the financial manoeuvre, in a legal proceeding involving renowned business tycoons, lawmakers, sport stars and big leading companies.
Source: Bueos Aires Herald