Cable Forum - View Single Post - MPs knew of HSBC Swiss tax evasion claims in 2011.

Mr Angry · 10-02-2015, 22:59

Oooh look.

"Britain’s chief tax inspector told MPs in September 2011 that his department possessed a disc containing records from the Swiss subsidiary of a major UK bank – understood to be HSBC, contradicting Downing Street’s assertion on Tuesday that ministers only became aware of the scale of potential tax evasion through the bank at the weekend.

At the time, the former chairman of the HSBC, Stephen Green, was trade minister, having been appointed by David Cameron nine months earlier.
Hansard transcripts show that David Hartnett, the then head of HMRC, told a Treasury select committee investigation into tax avoidance: “I think the whole nation probably knows that our department has a disc from the Swiss – from the Geneva branch of a major UK bank – with 6,000 names, all ripe for investigation.”

Hartnett told MPs that HMRC had received the disc in June 2010 – nearly five months before Green was made a Tory peer and asked to become trade minister."

We're all in this together.

10-02-2015, 22:59	#1
Mr Angry Inactive Join Date: Jan 2006 Location: Belfast Posts: 4,785	MPs knew of HSBC Swiss tax evasion claims in 2011. Oooh look. "Britain’s chief tax inspector told MPs in September 2011 that his department possessed a disc containing records from the Swiss subsidiary of a major UK bank – understood to be HSBC, contradicting Downing Street’s assertion on Tuesday that ministers only became aware of the scale of potential tax evasion through the bank at the weekend. At the time, the former chairman of the HSBC, Stephen Green, was trade minister, having been appointed by David Cameron nine months earlier. Hansard transcripts show that David Hartnett, the then head of HMRC, told a Treasury select committee investigation into tax avoidance: “I think the whole nation probably knows that our department has a disc from the Swiss – from the Geneva branch of a major UK bank – with 6,000 names, all ripe for investigation.” Hartnett told MPs that HMRC had received the disc in June 2010 – nearly five months before Green was made a Tory peer and asked to become trade minister." We're all in this together.