Advertisement
Singapore markets closed
  • Straits Times Index

    3,224.01
    -27.70 (-0.85%)
     
  • S&P 500

    5,253.60
    +5.11 (+0.10%)
     
  • Dow

    39,743.86
    -16.22 (-0.04%)
     
  • Nasdaq

    16,406.03
    +6.51 (+0.04%)
     
  • Bitcoin USD

    71,282.17
    +1,187.07 (+1.69%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • FTSE 100

    7,959.64
    +27.66 (+0.35%)
     
  • Gold

    2,229.90
    +17.20 (+0.78%)
     
  • Crude Oil

    82.32
    +0.97 (+1.19%)
     
  • 10-Yr Bond

    4.2020
    +0.0060 (+0.14%)
     
  • Nikkei

    40,168.07
    -594.66 (-1.46%)
     
  • Hang Seng

    16,541.42
    +148.58 (+0.91%)
     
  • FTSE Bursa Malaysia

    1,530.60
    -7.82 (-0.51%)
     
  • Jakarta Composite Index

    7,288.81
    -21.28 (-0.29%)
     
  • PSE Index

    6,903.53
    +5.36 (+0.08%)
     

Data analysis from Paris raid on Google will take months, possibly years - prosecutor

Members of the media stand outside the entrance of Google's Paris headquarters as French investigators conduct a raid May 24, 2016 as part of a probe over tax payments, a source close to France's finance ministry told Reuters. REUTERS/Jacky Naegelen

By Chine Labbé

PARIS (Reuters) - Analysis of data seized by investigators in last week's raid of Google's Paris headquarters could possibly take years, French financial prosecutor Eliane Houlette said on Sunday.

Dozens of French police raided Google's offices on Tuesday, escalating an investigation over suspected tax evasion.

"We have collected a lot of computer data," Houlette said in an interview with Europe 1 radio, TV channel iTele and newspaper Le Monde, adding that 96 people took part in the raid.

"We need to analyse (the data) ... (it will take) months, I hope that it won't be several years, but we are very limited in resources".

ADVERTISEMENT

Google, which said it is complying fully with French law, is under pressure across Europe from public opinion and governments angry at the way multinationals exploit their global presence to minimise tax liabilities.

(Writing by Maya Nikolaeva; Editing by David Goodman)