Daily Mail

Taxman raids Credit Suisse


JEWELLERY, fine art and gold bullion belonging to super-rich clients of Credit Suisse have been seized in a major money laundering and tax evasion inquiry.

The Swiss bank’s London offices were raided as part of a global criminal investigat­ion into senior employees and customers. Around 55,000 bank accounts are thought to be under investigat­ion.

It was part of a series of linked raids in the UK, Australia, Germany, and France, examining whether customers had savings which were not declared to tax authoritie­s. And Dutch officials swooped on offices in the Netherland­s to seize records, along with the houses of several clients, in an probe into dozens of wealthy people. They confiscate­d property, jewellery, an expensive Mercedes car, fine art and a gold bar. Two arrests were made and two suspects were questioned.

The raids are a fresh blow for the lender and its mega-rich boss Tidjane Thiam after a string of scandals. But the move sparked fury in Switzerlan­d, which relies on financial services for much of its wealth.

A HMRC spokesman said: ‘The internatio­nal reach of this investigat­ion sends a clear message that there is no hiding place for those seeking to evade tax.’

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