Tag Archives: HSBC

The European Investment Bank (EIB) has partnered with HSBC to provide a wholesale facility for trade finance to Greece’s SMEs.  The €134m (£118m) package will be channelled to SMEs by the National Bank of Greece and Piraeus Bank. EIB, HSBC, Citibank and Commerzbank will provide credit guarantees. Other banks are …

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“I wish we had ten Papastavrou!” It was former Prime Minister Antonis Samaras who had praised the morals of his close aide Stavros Papastravou, a lawyer consultant at the Prime Ministry, during a speech in the Greek Parliament. Now, one of the ‘ten’ the real Stavros Papastavrou has been summoned …

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He fell soft on a cloud pillow. A special court in Athens ruled that former Finance Minister Giorgos Papacontantinou had doctored the Lagarde List of suspected tax evaders but to a degree of misdemeanor. Papaconstantinou left the court with one-year suspended prison sentence. The original charge was on felony. With …

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“I am innocent, I deny all charges,” former Finance Minister Giorgos Papaconstantinou told the Special Court in Athens on the first day of his trial. The ex FinMin of George Papandreou government faces two felony charges in connection with the so-called Lagarde-List containing more than 2,000 names of Greek bank …

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Dictators, arms dealers, ministers, movie stars, businessmen, shopkeepers, royalty, clothing merchants from 203 countries and territories, they all parked more that €100 billion to HSBC in Switzerland. The bank helped its clients dodge taxes and hide millions from the tax officers in their country. Not without a profit for the bank …

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Former Finance Minister Giorgos Papaconstantinou will be referred to “special court” and stands trial for deleting the names of four of his relatives from the infamous Lagarde-List containing the names of Greeks suspected of tax evasion. With votes 4:1 the judges of the Supreme Judicial Council of the Supreme Court …

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For former Greek Finance Minister George Papaconstantinou the New Year’s Eve fire cracker went of earlier than planned. Not on upcoming Monday night but on Friday noon. Reason for the drama unfolding before our eyes, were the claims that two of his relatives had bank accounts at the HSBC, Geneva branch. Nothing …

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Bank HSBC will most likely be the Waterloo of Greek tax evaders – to be precise: of ‘suspected Greek tax evaders’. A list with the names of 97 Greek account holders having deposits of 22.3 million euro at the HSBC branch on the isle of Jersey, an offshore heaven, is in the hands of …

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 Greek journalist Kostas Vaxevanis has been acquitted by an Athens court on Thursday night in a trial that lasted almost ten hours. The prosecutor had raised charges against Vaxevanis for breaching privacy after he published the names of 2,000 suspected tax evaders in his magazine HOT DOC. Vaxevanis was arrested last Sunday. …

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Unbelievable and ridiculous! While other countries sought to locate suspected tax dodgers whose names were on so-called “Lagarde-List”, Greece is seeking for the journalist who published the 2,059 names – and thus with an arrest warrant! On Saturday evening and just hour after the print edition of HOT DOC was in …

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Monthly magazine HOT DOC managed the impossible: To get what it seems to be the content of the long-missing and infamous Lagarde-list containing the names of 2,059 Greeks who had an account in the HSBC bank, Geneva, Switzerland. More than 2,000 excel-files expose the names of bank account holders. HOT DOC does not expose …

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Members of the parliamentary committee investigating the whereabouts of  Lagarde’s list with the names of 1,991 Tax evaders could not believe their ears.  Finance Minister George Papaconstantinou, who got the list by Lagarde in October 2011, told them on Wednesday morning: “The original file [the list] and the accompanying letter …

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I would like to kindly ask KTG-readers to search among all the items laying on their office desk – drawers included. Greek government is seeking at least one USB stick containing the names of almost 2,000 Greeks with large deposits in HSBC, Geneva, Switzerland. The case is taking a tragicomic …

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 After Bloomberg currency Exchange Drachma-Test last week, HSBC bank made another test on Monday. The test was performed at the banks ATM machines in Athens. The bank confirmed the news… and I wonder how many Greeks would rush to banks and withdraw leftovers from their savings in bank deposits. HSBC …

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