HSBC bank whistle-blower Herve Falciani claimed that millions of Crores of Black Money is flowing out of India every year. He added that he is willing to cooperate with the investigative agencies in the Black Money probe but Herve demanded for protection.
“I have a lot of information about Indians stashing away money abroad. I am ready to divulge all details to the Indian investigation agencies. But I need assurance towards the safety of whistle-blowers. If I am coming to India, I will be arrested. I’m not able to Share information because of lack of coordination,” said Herve while addressing media through Video conferencing.
Falciani is facing charges in Switzerland for leaking details of bank account holders in HSBC branch, Geneva. The list which was leaked to French government later came to India, which had the details of Indian clients of the bank.
Earlier this year, he hinted that he possess additional information on the list of 628 Indian persons holding accounts in the bank.
The Finance Ministry in February, 2015 said that the IT department was already in touch with Falciani. However, no action is taken by Indian Government yet.
