Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
Switzerland, a perennial target for governments pursuing tax evaders, is finding out what it is like to chase down hidden cash.However, around 3.5 billion Swiss francs ($3.5 billion) could be with Liechtensteinische Landesbank, one of the country's biggest banks, according to an estimate by Andreas Brun, a banking analyst at Mirabaud Securities LLP.UBS, Switzerland's biggest bank, and cross-town rival Credit Suisse eventually paid $780 million and $2.6 billion respectively to U.S. authorities over charges they helped wealthy Americans evade tax.
FOLLOW THIS ARTICLE