Germany stunned by tax evasion probe
Ethical governance,
eh?
Klaus Zumwinkel
Germany’s fat cat tax dodgers are under fire from government ministers after it was revealed that possibly billions of euros had been channeled into accounts in Lichtenstein…
Officials said Friday they were investigating hundreds of cases of tax evasion, including key figures, via banks in the tiny principality wdged between Austria and Switzerland.
Press reports Saturday said up to 900 search warrants had been issued to be put into effect this weekend, concerning around 1,000 cases of alleged fraud totalling several billion euros…
The affair erupted after a prosecutor in the western city of Bochum announced that Deutsche Post head Klaus Zumwinkel was suspected of involvement in a case of tax fraud.
Zumwinkel handed in his resignation as head of Deutsche Post on Friday…
Zumwinkel also quit as head of the supervisory board of Deutsche Telekom.
The financial and political leaders of a modern Western nation exposed as greedy and corrupt. What a shock!
Posted: Sat - February 16, 2008 at 12:46 PM