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Swiss police raid HSBC’s Geneva base

Swiss prosecutors have today raided the offices of HSBC’s Swiss private bank over suspected aggravated money laundering.

A statement from the Geneva prosecutor’s office says: “A search is currently underway in the premises of the bank, led by attorney general Olivier Jornot and the prosecutor Yves Bertossa.

An HSBC spokesman says: “We have cooperated continuously with the Swiss authorities since first becoming aware of the data theft in 2008 and we continue to cooperate.”

The raid comes after the City of London Police confirmed it has yet to be contacted by UK tax office, despite HM Revenue & Customs telling MPs on 11 February that staff would be meeting with “relevant authorities” imminently.

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