It was discovered that only 40 per cent of the revenue from sales went to the EU budget, and 10 per cent to Planistat for its own administrative costs: the remaining 50 per cent - which could be as much as nine million euros - was reportedly put into secret bank accounts. (politics.co.uk)
Currently, corrupt foreign politicians — as well as tax evaders, fraudsters and terrorists — can legally mask their identities and their assets behind anonymous U.S. shell companies in order to open secret bank accounts to stash their ill - gotten gains. (globalwitness.org)
«It is clear that the era of offshore secret bank accounts is coming to an end. (canadiantaxamnesty.ca)