Tax havens Wealthy families and entrepreneurs have been hiding their money in banks and foundations for decades – hidden assets were revealed when the law promised by Sipilä’s government collapsed

Wealthy families and entrepreneurs have been hiding their money in banks and foundations for decades. The money was hidden from the taxpayer, but there were other reasons. The CEO of a large Nordic company took his funds to Switzerland in the 1960s because “conditions in Finland were unstable”.

“Let’s put it you get a ton of accounts, you don’t tell anyone anything, you look at what’s there in 50 years. ”

This is how a pianist born in 1960 says he heard from his father when he received a secret gift in 1987. The pianist found out in court in 2017 that his father had received a large sum of money when he had sold a holiday property in Spain.

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