Lawmaker Roberto Feletti has confirmed that the Bicameral Committee investigating HSBC offshore accounts in Switzerland will make public the names of those who held money overseas in the financial entity, without paying the appropriate taxes.
Feletti, who is also Budget Committee leader in the Lower House, will preside over the group which is set to meet next Wednesday at 11 am. During the audience, committee members will draw up a work plan designed to investigate how the financial maneouvres alleged by the AFIP were carried out in order to evade taxes across around 4000 accounts.
«The names of the account holders will be made public,» the lawmaker affirmed today. He also revealed that «bankers, experts, control organisations, the Central Bank and the National Values Commission would be called upon to give evidence, in order to analyse whether there was a pre-arranged modus operandi in the bank to aid capital flight.»
«A foreign bank that is authorised to operate in Argentina is under the same conditions as a national bank, and if that foreign bank sets up a network of branches for Argentines’ savings and that, betraying the country in which it works, sends those savings overseas and on top of that with tax evasion, capital flight, it is vital to look over the regulations currently in place,» he added.
«The AFIP has detected tax evasion worth 68 billion pesos. Right now the fiscal deficit of Argentina is 38 billion pesos. If that money had not left the country we would not have a fiscal deficit.»
buenosairesherald.com