Advertisement

tax

Swiss banker arrested over Hoeness tax fraud

AFP
AFP - [email protected]
Swiss banker arrested over Hoeness tax fraud

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.

Advertisement

"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.

More

Join the conversation in our comments section below. Share your own views and experience and if you have a question or suggestion for our journalists then email us at [email protected].
Please keep comments civil, constructive and on topic – and make sure to read our terms of use before getting involved.

Please log in to leave a comment.

See Also