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Made in Germany

SwissLeaks - the HSBC money laundering machine

In what has been dubbed the "SwissLeaks" case, serious allegations have been made against the Swiss division of British-based banking giant HSBC. The bank is accused of systematic involvement in tax evasion and money laundering to the tune of more than 100 billion euros. Jan Fritsche discusses how the tax evasion and money laundering practices worked.

Watch video 03:18