The SwissTax Evader Suspect List Has 3000 Names

"It actually exists, there are names, account movements, there are things that strike me as very real," said Didier Migaud, invited on Thursday morning RTL, writes AFP in today's Le Parisien.

He said what he saw on the suspect tax evasion list was very real and seemed very serious. Migaud also said that many of those names came from the Paris region of France. According to the above source these names were obtained from unpaid informants and two banks in France, which have supplied those names as part of a tax audit.

Migaud also said that the list includes names, addresses, accounts and amount of money. While it involves billions of Euros the amount will not be a deciding factor, but the fact of attempted or suspected tax evasion will be given a stronger attention. "The movements on these accounts reveal recent flows. Some date back in 2006 or 2007," he said.

This move by the Swiss banks to release the names of the 3,000 French account holders will surely send jitters through thousands of French citizens. The question now is will Swiss bank release names of German, Spanish, Italian or other country account holders? Swiss finance ministry has informed that the government has now signed taxation agreements in line with OECD recommendations with France, Denmark and Luxembourg, which was removed from the "grey list" in July.

Written by Armen Hareyan