16th June 2024
Herve Falciani
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Spain rejects extraditing ‘Swiss Leaks’ Falciani

A Spanish court ruled Tuesday against extraditing Herve Falciani, a former HSBC analyst who leaked documents alleging widespread tax evasion, to Switzerland.

Spain’s National Court said in a statement that it had already rejected his extradition in a previous case in 2013, adding there is no equivalent in Spanish law of the crime of ‘aggravated financial espionage’ for which he was convicted in Switzerland.

Herve Falciani
French-Italian engineer Herve Falciani leaves the Parliament after Spanish party Podemos’ deputees registered a request to avoid his extradiction to Switzerland in Madrid on 8 May 8 2018. The National Court judge released Falciani on bail on 5 April and seized his passport, saying the 46-year-old French-Italian national would not be able to move from his home in Spain while his extradition request is considered. (AFP / Pierre-Philippe Marcou)

The court argued that the crime ‘differs substantially with the Spanish offences that can be considered most similar, like “disclosure” of secrets’.

Falciani was arrested in Madrid in April on his way to a conference on the need to protect whistleblowers and released on bail.

He had been convicted in absentia of financial espionage in Switzerland in 2015 for the scandal that became known as “Swiss Leaks“.

A Swiss court handed him a five-year jail sentence but the 46-year-old has avoided Switzerland since.

The Franco-Italian national worked for the Swiss branch of HSBC and became known as the ‘the man who terrifies the rich’ after leaking information in 2008 that alleged HSBC’s Swiss private banking arm helped 79,000 clients evade billions of euros in taxes.

Falciani became an IT worker for HSBC in 2000 and moved to the bank’s offices in Geneva in 2006.

There, he obtained access to encrypted customer information.

In 2008, he went to Lebanon with the information planning to sell the data, without success. Swiss authorities described it as ‘cashing in’.

He then came back to Switzerland where he was under investigation and ended up leaving for France, where he passed on the pilfered information to tax authorities.

This led to the prosecution of tax evaders including Arlette Ricci, heir to France’s Nina Ricci perfume empire, and the pursuit of Emilio Botin, the late chairman of the Spanish bank Santander.

Since then, he has become known as the ‘Snowden of tax evasion’, in reference to former intelligence contractor Edward Snowden, who in 2013 revealed the scope of the US government’s electronic surveillance programme.

Falciani had already been arrested in Barcelona in July 2012 on an international warrant issued by Switzerland. He then spent several months in a Spanish prison.

But in 2013, the National Court ended up refusing his extradition on the grounds that the charges he faced in Switzerland are not considered crimes under Spanish law.

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