DHAKA: HSBC chief executive Stuart Gulliver, who vowed to reform the scandal-hit bank, kept millions of dollars in a Swiss account.

The Guardian newspaper reported on Sunday, NDTV publishes this report on Monday.

It is the latest in a stream of so-called ‘Swissleaks’ allegations that have hit the reputation of the British banking giant and caused a political storm ahead of a general election in May.

The report claims the chief executive was a client of the Swiss private banking arm accused of helping wealthy clients evade tax.

Gulliver held about $7.6 million in 2007 in a Swiss account in the name of Worcester Equities Inc, a Panama-registered company, according to the report.

Gulliver, who is based in Britain but is domiciled in Hong Kong for legal and tax purposes, was listed as the beneficial owner of the account, the report said.

BDST: 1347 HRS, FEB 23, 2015