Top UBS banker detained in Belgium tax evasion probe
UBS bank
Brussels - SPA
Belgian authorities detained a top official from the Swiss banking giant UBS on Thursday, amid suspicions that the company’s Belgian division may have helped clients dodge taxes, according to dpa.
Marcel Bruehwiler, chief executive of UBS Belgium, was detained at his workplace on Thursday morning.
A magistrate will now decide whether he should be placed under arrest, said Ine Van Wymersch, spokeswoman for the Brussels prosecutors' office.
Investigators have been told by former UBS compliance officers that there is "a fraudulent system in place which allows Belgian clients to put their money in Switzerland to avoid paying taxes owed in Belgium," Van Wymersch said.
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Moscow - TASS
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London - DPA
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Spain - DPA
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Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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