Vodafone and Switzerland: the video

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This video is by Private Eye and the Bureau of Investigative Journalism:

The Bureau says:

In response to the investigation’s findings, Vodafone said it does not claim to have ‘material activities or operations in Switzerland’, that Vodafone’s structure is totally transparent, and that the existence of the Swiss branches was examined by HMRC before reaching the settlement in 2010. Its full response, along with other companies featured in this short report, is here.