Published: 09 Aug 2012 11:38 GMT+02:00 | Print version
Updated: 09 Aug 2012 11:38 GMT+02:00
Authorities in the western German region of North Rhine-Westphalia have bought data on German clients of a Swiss bank suspected of tax evasion, media reports said Wednesday.
The Financial Times Deutschland said two compact discs of data, including one on accounts at top Swiss bank UBS, were obtained while the Sueddeutsche Zeitung reported four disks were purchased.
The Sueddeutsche Zeitung cited an expert involved as saying the "extremely interesting" disks contained data on Germans trying to evade taxes at home
with the help of Swiss banks.
Another source told the Financial Times Deutschland that the stolen data from UBS was significant as it contained names as well updated advice on how
to evade German taxes through the use of foundations.
In addition it also acquired UBS training documents that show how it was active in aiding clients avoid paying taxes, it said.
North Rhine-Westphalia Finance Minister Norbert Walter-Borjahns declined to confirm any specific purchases to the newspapers, but said they regularly
receive offers of stolen Swiss bank data.
The region has previously bought stolen data, incurring the anger of the German federal and Swiss authorities, which want to ban the practice under a
new treaty that is still in the process of being ratified.
In 2010, German tax authorities recuperated 1.6 billion euros from tax dodgers after buying data on Germans with assets in Switzerland and
Liechtenstein, according to the press.
Switzerland reacted angrily last March by issuing arrest warrants for three German tax inspectors on charges of economic espionage for purchasing a stolen
CD naming German customers of Credit Suisse, Switzerland's second biggest bank.
Jakob Kellenberger, former Swiss diplomat and ex-president of the International Committee of the Red Cross, is taking over as head of Swisspeace, the Bern-based NGO. READ () »
Swiss luxury goods giant Richemont said on Tuesday that a top executive had resigned, amid expectations the group that owns Cartier, Piaget and Montblanc will sell off under-performing brands. READ () »
The crash of a Belgian coach that killed 28 passengers, including 22 children, on a ski trip to Switzerland last year was caused either by a malaise suffered by the driver or by his inattention, an official said on Tuesday. READ () »
An elderly woman is dead after an out-of-control car knocked her down on Monday in the centre of Lucerne, where she was walking. READ () »
More than 250 people took part in a march in Lausanne on Monday afternoon to protest against the judicial system in the wake of the death of Marie, a 19-year-old woman killed last Wednesday after being kidnapped. READ () »
In a surprise result, Zurich-based football club Grasshopper beat defending champions FC Basel on penalty kicks on Monday to gain the 19th Swiss Cup victory in its history. READ () »
After going undefeated throughout the world ice hockey championship tournament, Switzerland finally succumbed to home town favorite Sweden in the final, losing 5-1 in Stockholm on Sunday. READ () »
Switzerland will play hosts Sweden in the final of the world ice hockey championships on Sunday after each side registered a 3-0 semi-final victory over the United States and Finland respectively. READ () »
Jewellery worth more than $1 million made by Swiss luxury watchmaker and jeweller Chopard and due to be loaned to stars walking the red carpet at the Cannes film festival were stolen from a hotel, French police said on Friday. READ () »
Chinese Premier Li Keqiang embarks this weekend on his first foreign trip since taking office, with a stop in Switzerland on the itinerary and free trade talks between the two countries close to completion. READ () »
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