HSBC Whistleblower Offers Cooperation to India in Blackmoney Case

Former HSBC Geneva employee and whistleblower, Herve Falciani, wants protection in exchange of cooperation.

Herve Falciani, former employee of HSBC Geneva. (Photo: Reuters)

Claiming that millions of crores worth illicit funds are flowing out of India, HSBC whistleblower Herve Falciani offered cooperation to Indian investigative agencies.

He has, however, asked for protection in exchange of information crucial to the black money probe.

Falciani is facing charges in Switzerland of leaking details of bank account holders in the Geneva branch of HSBC.

The list reached the French government, which then provided information of Indian clients of the bank to India.

He stressed that governments should ensure that whistleblowers are protected.

<p>We need just simple protection. We are not protected. If I am coming to India, I will be arrested. </p>

<p><b>Herve Falciani, Former HSBC Employee and Whistleblower</b></p>

In a Skype interview, the former employee of HSBC, denied interest in monetary gain.

<p>It is not about money. I don’t intend to become rich. We are not here to talk about merely figures, but about possible solutions.</p>

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He stressed that millions of crores worth illicit funds are flowing out of India.

(With inputs from PTI.)