credit suisse claims innocence in global press
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Credit Suisse claims innocence in global press

Arab Today, arab today

Arab Today, arab today Credit Suisse claims innocence in global press

Credit Suisse has taken out double-page ads in leading European papers
Geneva - AFP

Credit Suisse extended its global charm offensive Monday insisting it has "zero tolerance" for tax evasion after hundreds of its clients and top employees became the target of an international fraud probe. 
The Swiss financial giant took out double-page ads in leading European papers claiming it had no desire to work with tax cheats. 
"Credit Suisse applies a strict zero tolerance policy and wishes to conduct business with clients that have paid their taxes and fully declared their assets," Monday's ad said. 
The bank complies "with all applicable laws" in areas where it operates, it added.
It took out similar ads in at least two British Sunday papers. 
Authorities in Europe and Australia on Friday announced a massive, coordinated tax fraud and money laundering investigation with hundreds of possible suspects across five countries. 
Dutch authorities have made two arrests and seized a gold bar, paintings, a luxury car and other assets. 
Credit Suisse's head of international wealth management, Iqbal Khan, told the Bloomberg news agency at the weekend that he understood the probe was focused strictly on the bank's clients. 
That claim appeared to be at odds with a statement from Britain's Revenue and Customs office, which referenced "senior employees" of a "global financial institution" as a focus of the investigation. 
Khan also told Bloomberg he was surprised by the timing of the probe since Credit Suisse had "taken a proactive stance" against tax evasion in Europe. 
Germany and France are part of the investigation, along with Britain, Australia and The Netherlands. 
Credit Suisse has confirmed that local authorities searched its offices in London, Paris and Amsterdam on Thursday. 
The bank has said it is cooperating with the investigation. 


Source: AFP

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

credit suisse claims innocence in global press credit suisse claims innocence in global press

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

credit suisse claims innocence in global press credit suisse claims innocence in global press

 



GMT 09:27 2017 Tuesday ,10 October

Macron takes EU reform push to Germany book fair

GMT 12:50 2017 Sunday ,03 December

Shiffrin bags first downhill win

GMT 10:33 2016 Friday ,08 April

Carter v Nonu as Racing eye Toulon's scalp

GMT 10:57 2017 Wednesday ,09 August

Iran's Rouhani names female VPs

GMT 11:21 2017 Monday ,20 February

Tunisian court tries suspects over violence charges

GMT 20:52 2017 Thursday ,30 November

Honeywell to maintain A380, B777 components for Emirates

GMT 02:36 2017 Thursday ,23 November

Casablanca’s president hails achievement

GMT 19:18 2017 Wednesday ,18 October

Investment sector attend Saudi Investment Initiative

GMT 07:08 2016 Tuesday ,28 June

Hodgson pays price for sorry England

GMT 16:44 2017 Monday ,17 July

Industrial energy city will provide jobs

GMT 16:06 2017 Sunday ,23 April

Prince Khaled bin Salman appointed US ambassador

GMT 14:00 2017 Wednesday ,19 April

Young professionals meet

GMT 09:35 2017 Friday ,17 November

Mugabe refuses to stand down in talks

GMT 14:26 2017 Monday ,02 October

Macron backs Spanish unity in call with Rajoy

GMT 18:15 2018 Wednesday ,05 September

Shaikh Khalid bin Hamad receives Bahraini researcher
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday