• Switzerland's news in English
 

Munich FC boss in Swiss bank tax evasion probe

Published: 21 Apr 2013 23:03 GMT+02:00

Hoeness, 61, revealed to Focus, the German news weekly, that he had voluntarily disclosed a Swiss bank account in January and is working closely with investigators on a tax evasion probe.

The football legend and prosecutors have declined to divulge the sums involved but Bild am Sonntag reported without citing its sources that Hoeness had already paid nearly €6 million in back taxes.

The head of the German tax union, Thomas Eigenthaler, said that based on that sum, Hoeneß had likely hidden at least €10 million in income.

Hoeness, who also draws income from a sausage company he co-founded, toldFocus that he had originally planned to come forward after a planned German-Swiss tax accord came into effect, which would have allowed him to settle the matter anonymously with a one-off payment.

But the centre-left opposition torpedoed the measure late last year on the grounds that it unfairly offered criminal amnesty to tax dodgers.

Five months ahead of a general election, the opposition Social Democrats leapt on the high-profile case as proving their point about the flaws in the mooted Swiss tax pact.

"Once again we are so surprised when a prominent case of tax evasion comes to light," SPD general secretary Andrea Nahles said in a statement.

"These cases are bad enough for the social cohesion of our country. But it is much worse when this behaviour is sanctioned by political leaders."

However Philipp Rösler, leader of the pro-business Free Democrats, junior partners in Chancellor Angela Merkel's ruling coalition, told Monday's Bild newspaper that Berlin aimed to take a firm line against tax cheats and that without the accord with Switzerland, many cases would go undetected.

Although Switzerland has recently cracked down on undeclared funds in a bid to clear its reputation as a tax haven, it has so far doggedly refused to consider lifting its banking secrecy practices.

Bayern host Barcelona in the Champions League semi-final, first leg on Tuesday as the German champions bid to reach their third European Cup final in four years.

Bayern coach Jupp Heynckes played down the impact of the tax affair on the club.

"It's a private matter for the president," Heynckes said on Saturday.

"There are often stories of this nature, especially in the Munich media, but it is of absolutely no interest to my team." 

AFP/The Local (news@thelocal.ch)

Your comments about this article

Today's headlines

UN decries 'xenophobic' attacks in South Africa

The Geneva-based United Nations Refugee Agency on Friday expressed concern at the latest round of xenophobic attacks in South Africa, saying the violence had displaced 5,000 people. READ  

Nestlé posts better than expected sales growth
Photo: AFP

Nestlé posts better than expected sales growth

Swiss-based Nestlé, the world's biggest producer of packaged food, on Friday posted better-than-expected growth in the first quarter despite currency exchange rates that hampered sales. READ  

More dads working part-time in Switzerland
Photo: AFP

More dads working part-time in Switzerland

The percentage of men working part-time in Switzerland has doubled in the past 20 years, as more fathers opt to spend time with their families, new government figures show. READ  

IOC chief welcomes Paris bid for 2024 Olympics
Hollande and Bach shake hands in Lausanne. Photo: Ian Jones/IOC

IOC chief welcomes Paris bid for 2024 Olympics

International Olympic Committee (IOC) head Thomas Bach on Thursday said that Paris would be an "exemplary" host of the 2024 Olympics after meeting French President François Hollande in Lausanne. READ  

French skier dies after Les Diablerets plunge
Photo: Switzerland Tourism

French skier dies after Les Diablerets plunge

A 41-year-old Frenchman died after plunging down the mountainside while skiing off-piste at Les Diablerets in the canton of Vaud, police said on Thursday. READ  

Wawrinka and Federer stunned in Monte Carlo
Federer leaves court after loss. Photo: Valery Hache/AFP

Wawrinka and Federer stunned in Monte Carlo

UPDATED: Switzerland's Roger Federer joined defending title holder Stan Wawrinka as an upset victim at the Monte Carlo Masters on Thursday as the 2014 finalist lost 6-4, 7-6 (7/5) to France's Gael Monfils. READ  

Sotheby's to auction pricey jewels in Geneva
Sunrise Ruby: described as "pigeon's blood red". Photo: Sotheby's

Sotheby's to auction pricey jewels in Geneva

Sotheby's auction house is auctioning in Geneva an extremely rare and historically important pink diamond and an equally exceptional Burmese ruby next month, hoping to get up to $18 million for each. READ  

Lady Gaga and Tony Bennett to hit Montreux
Lady Gaga and Tony Bennett among this year's jazzfest stars. Photo: Montreux Jazz Festival

Lady Gaga and Tony Bennett to hit Montreux

Lady Gaga and veteran crooner Tony Bennett are among the top entertainers unveiled on Thursday for this summer’s Montreux Jazz Festival. READ  

Exporters fear impact of rising franc on business
Photo: AFP

Exporters fear impact of rising franc on business

With the franc again nearing parity with the euro, the mood of Swiss small and medium companies (SMEs) in the export business has never been as bad, a new report says. READ  

New book: Le Corbusier was 'out-and-out fascist'
Swiss-French architect Charles-Edouard Jeanneret, better known as Le Corbusier. Photo: AFP

New book: Le Corbusier was 'out-and-out fascist'

Revelations that one of the world's most famous modern architects, Switzerland's Le Corbusier, was a "fascist" with links to France's Second World War collaborationist Vichy regime have been published just ahead of a major Paris exhibition of his work. READ  

RECEIVE OUR NEWSLETTER AND ALERTS
National
Segways win approval for operation on Swiss bicycle lanes
National
Joan Baez and Sting in lineup for this summer's Paléo music festival
National
Second CERN club skier dies from avalanche in Valais Alps
Sport
Lausanne and IOC celebrate a century of Olympism
National
Bern waters down criteria for beer that can be labelled ‘Swiss’
National
VIDEO: Swiss television satire clip ridicules Americans on ski slopes
National
Internet giant Google named most attractive employer in Switzerland
National
Immigration remains top election issue for Swiss voters: opinion poll
National
Environmental bureau ranks Zurich first among Europe's 'sootfree cities'
National
Zurich crane-climbing stunt by teenager flags 'roofer' concerns
Features
Mobility takes off as young urban Swiss catch the car-sharing bug
Education
THE ranks EPFL among seven 'fastest rising young universities'
Features
Six steps for expats to get along better with the Swiss
Business & Money
Ethical Coffee Company aims to beat Nespresso in home market
National
Use of temporary staffing continues to rise in Switzerland
Sponsored Article
Need help with permits and registration in Switzerland?
National
Swiss foreign affairs minister touted as candidate for top UN job
National
One of Switzerland's most celebrated artists dies in Lucerne at 106
Business & Money
Swiss luxury brand Tag Heuer announces plans for smartwatch
National
Valais lights up 13 mountain peaks for 200th anniversary
Business & Money
Switzerland to avoid recession this year: Credit Suisse forecast
Business & Money
Europe's tallest hotel pitched for Swiss mountain village
National
Exlusive interview: surviving Swiss cousin remembers Anne Frank
National
New Credit Suisse chief executive 'offers hope for Africans'
Features
Top tips to help you find an apartment in Switzerland
Business & Money
American expat to make way for African as Credit Suisse CEO
National
Rising Swiss gender pay gap above European Union average
National
Political deal reached to enact Swiss holiday home restrictions
National
Optimism drives this year's Geneva International Motor show
National
Robust Swiss economy beats forecasts for 2014: government
Sport
Federer scores upset win against Djokovic for seventh Dubai title
National
Swiss train in collision near Zurich ignored stop signal: SBB
Technology
Switzerland best in world for per capita European patent filings
Education
New EPFL building to showcase art and science 'under one roof'
National
Same-sex marriage supported by most Swiss: opinion polls
National
New study finds Switzerland is world's best place to retire
National
Army official calls for Swiss women to undergo military training
National
New Swiss health campaign combats smoking as 'norm' for too many
Culture
Abba star Frida records song about first ascent of the Matterhorn
National
Swiss federal government unveils EU immigration quotas bill
Business & Money
HSBC Swiss private bank revelations 'tip of iceberg': whistleblower
Business & Money
FATCA: 'The age of financial privacy is over'
National
Phil Collins' paralyzed ex-wife files lawsuit after Swiss complications
Culture
Gauguin on display in Basel touted as 'most costly painting ever'
Latest news from The Local in Austria

More news from Austria at thelocal.at

Latest news from The Local in Germany

More news from Germany at thelocal.de

Latest news from The Local in Denmark

More news from Denmark at thelocal.dk

Latest news from The Local in Spain

More news from Spain at thelocal.es

Latest news from The Local in France

More news from France at thelocal.fr

Latest news from The Local in Italy

More news from Italy at thelocal.it

Latest news from The Local in Norway

More news from Norway at thelocal.no

Latest news from The Local in Sweden

More news from Sweden at thelocal.se

4,695
jobs available