Facebook with Latestnigeriannews  Twieet with latestnigeriannews  RSS Page Feed
Home  |  All Headlines  |  Punch  |  Thisday  |  Daily Sun  |  Vanguard   |  Guardian  |  The Nation  |  Daily Times  |  Daily Trust  |  Daily Independent
World  |  Sports  |  Technology  |  Entertainment  |  Business  |  Politics  |  Tribune  |  Leadership  |  National Mirror  |  BusinessDay  |  More Channels...

Viewing Mode:

Archive:

  1.     Tool Tips    
  2.    Collapsible   
  3.    Collapsed     
Click to view all Entertainment headlines today

Click to view all Sports headlines today

Here's where the owners of the hidden billions in the Swiss bank scandal live

Published by Business Insider on Wed, 11 Feb 2015


Over the past several weeks, shocking details of global banking giant HSBC's criminal dealings have hit the news cycle.Now data-visualization siteDadaviz hasmappedthe origins of bank account holders, highlighting the diversity and vast number of countries impacted by the scandal. It should come as no surprise that 'tax havens' like the Bahamas, Cayman Islands, British Virgin Islands and Switzerland loom large on it.This week, theInternational Consortium of Investigative Journalists'a team of researchers and reportersfrom 45 countries'released astudyshowingthat HSBC made massive profits for years by handling the accounts of tax evaders, drug cartels, arms dealers and other generally seedy characters. The bank is one of several likely to face prosecution for its illegal dealings, which seem to have allowedcriminals to launder money, hide their identities and avoid paying taxes. Based on the report, the relevant arm of HSBC's banking operation may have been sitting on more than $100 billion of such illegally trafficked funds.SEE ALSO:HSBC whistleblower: The media leaks 'are only the tip of the iceberg'Join the conversation about this storyNOW WATCH: The One Key That Fixes The Biggest Problem Bankers Have In Excel
Click here to read full news..

All Channels Nigerian Dailies: Punch  |  Vanguard   |  The Nation  |  Thisday  |  Daily Sun  |  Guardian  |  Daily Times  |  Daily Trust  |  Daily Independent  |   The Herald  |  Tribune  |  Leadership  |  National Mirror  |  BusinessDay  |  New Telegraph  |  Peoples Daily  |  Blueprint  |  Nigerian Pilot  |  Sahara Reporters  |  Premium Times  |  The Cable  |  PM News  |  APO Africa Newsroom

Categories Today: World  |  Sports  |  Technology  |  Entertainment  |  Business  |  Politics  |  Columns  |  All Headlines Today

Entertainment (Local): Linda Ikeji  |  Bella Naija  |  Tori  |  Pulse  |  The NET  |  DailyPost  |  Information Nigeria  |  Gistlover  |  Lailas Blog  |  Miss Petite  |  Olufamous  |  Stella Dimoko Korkus Blog  |  Ynaija  |  All Entertainment News Today

Entertainment (World): TMZ  |  Daily Mail  |  Huffington Post

Sports: Goal  |  African Football  |  Bleacher Report  |  FTBpro  |  Kickoff  |  All Sports Headlines Today

Business & Finance: Nairametrics  |  Nigerian Tenders  |  Business Insider  |  Forbes  |  Entrepreneur  |  The Economist  |  BusinessTech  |  Financial Watch  |  BusinessDay  |  All Business News Headlines Today

Technology (Local): Techpoint  |  TechMoran  |  TechCity  |  Innovation Village  |  IT News Africa  |  Technology Times  |  Technext  |  Techcabal  |  All Technology News Headlines Today

Technology (World): Techcrunch  |  Techmeme  |  Slashdot  |  Wired  |  Hackers News  |  Engadget  |  Pocket Lint  |  The Verge

International Networks:   |  CNN  |  BBC  |  Al Jazeera  |  Yahoo

Forum:   |  Nairaland  |  Naij

Other Links: Home   |  Nigerian Jobs