High denomination bills and money laundering #32

In the August 2014 Taxcast: when was the last time you used a £100 bill, a 500 euro note or a 1,000 Swiss Franc note? We look at how Western Central banks and Treasuries are facilitating crime through high denomination bills. Also, tax haven reputation damage-management, Switzerland pulls a fast one on India, the European bankers raking in the bonuskis from sanctions against Russia and how the tax haven of Mauritius is...erm...expanding its portfolio.

"I think it's terrible public policy to facilitate organised crime"

Jim Henry

Produced by @Naomi_Fowler for the Tax Justice Network and also featuring John Christensen of the Tax Justice Network, author of Laundry Men and many other books on financial crime Jeffrey Robinson, Assistant US Attorney General Lanny Breuer, Economist and asset recovery specialist Jim Henry.