/ world at this time information/ The Swedish financial institution SEB has been recognized as one of many banks concerned in “the most important tax theft in Europe”.
The banks have defrauded the taxpayers of a number of European international locations, together with Germany, of not less than seven billion euros. This reality turned identified because of a journalistic investigation by which the Swedish tv channel SVT and the information company TT participated.
It’s alleged that the fraudulent scheme is predicated on false claims for tax refunds with out paying the taxes themselves.
SEB has up to now refused to offer an interview on the matter, though it claimed in an electronic mail to SVT that it was not concerned within the scheme.
The case was taken over by German prosecutors. Based on SVT, in December 2016 German police raided SEB’s Frankfurt workplace. On the time, the financial institution didn’t publicize the occasion, however now confirms that such a factor occurred. It’s also confirmed {that a} former high-ranking SEB affiliate figures within the German investigation.
Translation: V.Sergeev
#European #banks #stealing #taxpayers #cash
