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French prosecutors raid five banks in massive tax fraud case

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French authorities have searched the Paris offices of five banks, including Societe Generale, BNP Paribas and HSBC, on suspicion of fiscal fraud, part of a broad European probe into the dodging of dividend tax payments. The French prosecutors’ actions on Tuesday are the latest to hit global banks over the…

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Click here to read the full story: Aljazeera

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