What Swiss leaks has to say about Philippines?

Philippines is ranked #82 among the countries with the largest dollar amounts in the leaked Swiss files.

The maximum amount of money associated with a client connected to Philippines was $32.1M.

How much is this for Philippines?

Philippines’s GDP per capita was $1.7K in 2007. (Source: World Bank

163 client accounts opened between 1979 and 2005 and linked to 196 bank accounts.

240 clients are associated with Philippines. 23% have a Filipino passport or nationality.

An account linked to a person holds the name of one of the clients, which is a person.

An account linked to an offshore company holds the name of an offshore company, which provides an extra layer of secrecy to the client.

In a numbered account the name of the account holder is kept secret and replaced by a code of a mix of numbers and letters.

 

Advertisements

Author: perplexedpolitics

I am any common face you see down the roads of Pakistan.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s