A ticking time bomb has just gone off. Major media outlets have published a series of revelations from the HSBC file handed to French tax authorities in late 2010. From kings, lawmakers and celebrities to wealthy entrepreneurs, 30,000 tax-dodgers stashed nearly $120 billion in the Swiss vault of the world's second largest bank. That includes intake from African blood diamonds and French drug money. HSBC claims it's cleaned up its act since then. Has it?
Produced by David Boratov and Haxie Meyers-Belkin
Editor in Chief, Le Monde Afrique
Associate Professor, HEC Paris
Lawyer at the Paris bar
Head of communications, Institute of Directors