Breaking News                 Latest News            Usa News                 Diet News

Online educational source for student: Managers and Understudy's First Decision to Authenticity!
These two executives had contributed to denounce the practices of the bank which are worth to the parent company UBS AG to be continued, "the selling bank illegal" and " money laundering aggravated tax fraud ".

Tax evasion : UBS France referred to the tribunal for harassment on two whistleblowers

These two executives had contributed to denounce the practices of the bank which are worth to the parent company UBS AG to be continued, "the selling bank illegal" and " money laundering aggravated tax fraud ".

Tax evasion : UBS France referred to the tribunal for harassment on two whistleblowers

two executives had contributed to denounce practices of bank which are worth to parent company UBS AG to be continued, " selling bank illegal" and " money laundering aggravated tax fraud ".

The bank UBS France has been referred to criminal court for moral harassment of two whistleblowers, to origin of revelations on extensive system of tax evasion, swiss group is accused of having put in place, made it known Wednesday, September 13, sources close to matter.

These two frameworks, Nicolas Forissier, a former internal audit manager of UBS France, and Stéphanie Gibaud in charge of event marketing, had helped to denounce practices of bank, which are worth to parent company UBS AG to be continued, " selling bank illegal" and " money laundering aggravated tax fraud ".

also Read :   former employees of UBS have denounced dubious practices of bank

Stephanie Gibaud, hired in 1999, has seen its number of missions from summer of 2008, shortly after its first revelations, reduced to "menial tasks administrative," notes investigating judge in his order made on 28 August, according to a source close to folder. She was fired in 2012 for economic reasons.

As for Nicolas Forissier, he saw his bonus in respect of 2008 to decrease significantly, was denied a promotion and has been excluded from a protection plan of employment for which it was originally a part, noted magistrate. He was fired in 2009 for serious misconduct.

also Read :   Mediator, UBS, HSBC : harsh aftermath of whistleblowers

Concealment of assets in tax

The swiss group has been sent back in march before court in main pane of this case financial stakes huge.

The bank is accused of having, between 2004 and 2012, approached unlawfully customers in France and put in place a series of schemes to hide assets from tax office French. The assets defrauded avoisineraient 10 billion euros, according to calculations of magistrates.

Nicolas Forissier has contributed to revealing practice of " book of milk ", an accounting informal tracing of funds raised in France but transferred abroad, in Switzerland or elsewhere, potentially to avoid paying taxes.

Breaking News Headlines

How to Find Higher Returns During a Low Return Era
How to Find Higher Returns During a Low Return Era
Cassidy Charette's Wrongful Death Settlement Reached
Cassidy Charette's Wrongful Death Settlement Reached
Quick loans during emergency situations – How can they offer help?
Quick loans during emergency situations – How can they offer help?
Try not to have time to read newspaper or watch news? Stay updated with monacart.com
Try not to have time to read newspaper or watch news? Stay updated with monacart.com
What is Google News?
What is Google News?
Jay Cutler, Kristin Cavallari set to move to Nashville Tuesday
Jay Cutler, Kristin Cavallari set to move to Nashville Tuesday
Asia tracks French election rally; weak yen lifts Tokyo
Asia tracks French election rally; weak yen lifts Tokyo
Perfect nails are just a latex brush away
Perfect nails are just a latex brush away
Bringing down Bill O'Reilly: The final days of a Fox News superstar
Bringing down Bill O'Reilly: The final days of a Fox News superstar
Magdalena Abakanowicz, Polish artist behind headless sculptures in Grant Park, dies at age 86
Magdalena Abakanowicz, Polish artist behind headless sculptures in Grant Park, dies at age 86
Save Telefilm Canada, filmmakers urge Trudeau | Toronto Star
Save Telefilm Canada, filmmakers urge Trudeau  | Toronto Star
Exchange Bank first-quarter earnings up 27 percent from 2016
Exchange Bank first-quarter earnings up 27 percent from 2016
Pages
NEWS ARCHIVES