Arab Today, arab today deutsche bank raided for tax fraud
Last Updated : GMT 15:47:44
Arab Today, arab today
Arab Today, arab today

Deutsche Bank raided for tax fraud

Arab Today, arab today

Arab Today, arab today Deutsche Bank raided for tax fraud

Berlin - Deutsche Welle

Police have raided Deutsche Bank offices in several cities in search of evidence of tax evasion and money laundering. The bank is said to be involved in tax fraud related to Europe\'s carbon emissions trade. Deutsche Bank properties in Frankfurt, Berlin and Düsseldorf were raided by 500 police on Wednesday, as 25 bank employees were suspected of tax fraud and money laundering, the general prosecutor\'s office said. Five people were arrested for attempting to obstruct the criminal investigation, the office added. In 2010, Germany\'s biggest private bank was already being investigated for participation in an international tax fraud ring, which allegedly sold carbon emissions through Deutsche Bank. The ring bought emissions permits overseas without paying sales tax, also known as value-added tax, and then resold the permits among its members in Germany, enabling them to tax returns illegally. The raid on Wednesday came as prosecutors suspect Deutsche Bank of hiding more evidence in connection with the fraud. In December 2011, a German court jailed six men - three Britons, two Germans and a Frenchman - over the tax fraud estimated worth about 300 million euros ($390 million). At the time, the judge criticized Deutsche Bank for its role in the crime.

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*

Arab Today, arab today deutsche bank raided for tax fraud Arab Today, arab today deutsche bank raided for tax fraud

 



Arab Today, arab today

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*

Arab Today, arab today deutsche bank raided for tax fraud Arab Today, arab today deutsche bank raided for tax fraud

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: مصارف
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
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
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday