“The German state of North Rhine-Westphalia is pursuing tax evaders who secretly stashed cash in Switzerland, after the towns of Wuppertal and Aachen purchased two CDs from a whistleblower, including data from UBS. The Swiss have reacted angrily to the CD purchases and even issued arrest warrants earlier this year for three German tax investigators they accused of buying secret tax data. Silvia Baer, spokeswoman for the right-wing People’s Party (SVP), said: ‘If a market develops for stolen data and is even practically promoted by the government, then you will always have people who steal data.'” [The newest state-sponsored industry blossoms.]
http://in.reuters.com/article/2012/08/09/germany-switzerland-banks-idINL6E8J985F20120809
Related posts:
FBI director claims NSA spying could have prevented 9/11
All-seeing eyes focus on the sea
New leak: NSA spied on French diplomats and Al Jazeera
The Trouble With Sovereign-Wealth Funds
Coming: A "Medicare Tax" If You Sell Your Property
Tired German bank employee naps on keyboard, transfers $293 million
Campus 'smoke-free' edicts extend to smokeless products and e-cigarettes
World shipping crisis threatens German dominance as Greeks win long game
Why Apple Has to Borrow $17 Billion
Seattle will house homeless in City Hall after 'head tax' flop
Your employer may share your salary, and Equifax might sell that data
Manhattan's New Most Expensive Listing: A $130 Million Penthouse
Congress to 'fight' 0.1% of massive Trump Saudi arms deal
Police Raid Wrong House, Kill 61-Year Old Man
Merkel, the Red footsoldier: Photos of German chancellor's Communist uniform released