Switzerland's news in English

Editions:  Europe · Austria · Denmark · France · Germany · Italy · Norway · Spain · Sweden · Switzerland

Swiss banker arrested over Hoeness tax fraud

Share this article

Swiss banker arrested over Hoeness tax fraud
Hoeness was jailed for tax evasion to the tune of 28.5 million euros. Photo: Stuart Franklin/Pool/AFP
10:34 CEST+02:00
Polish authorities said Thursday they had arrested a Swiss banker wanted by Germany on suspicion of tax fraud that a report said may involve the jailed former Bayern Munich president Uli Hoeness.

"I can confirm that yesterday (Wednesday) police arrested a banker, Swiss citizen Juerg H.," Przemyslaw Nowak, a spokesman for prosecutors in Warsaw, told AFP. 

"The police acted on a European arrest warrant issued by Germany pertaining to a tax fraud case."

Under Polish law, the surnames of suspects must be withheld.

According to the website of the German newspaper Wiesbadener Kurier, the arrested banker, an employee of Vontobel bank in Zurich, had managed Hoeness's business affairs since the 1990s.
The bank confirmed to AFP that one of its employees was "in custody in Europe" but declined to give further details.
In March, a court in Munich sentenced Hoeness to three and a half years in jail for tax evasion to the tune of 28.5 million euros ($36 million) after he hid his wealth in a Swiss bank.
Hoeness, 62, has resigned as president and supervisory board chairman of the powerhouse German football club.

Get notified about breaking news on The Local

Share this article

The Local is not responsible for content posted by users.
Become a Member or sign-in to leave a comment.

From our sponsors

VIDEO: Three surprising facts that will make you want to visit Malta

Game of Thrones has ended but it lives on in Malta! Find out how and learn two more unexpected facts about this little archipelago in the middle of the Med.