French headquarters of UBS raided in tax evasion probe
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People walk behind the logo of Swiss bank UBS in Zurich in this Feb7, 2012 file photo. French authorities on Wednesday raided the headquarters of Swiss bank UBS in connection with a probe into alleged tax evasion, a bank spokesman said. -- PHOTO: REUTERS
PARIS (AFP) - French authorities on Wednesday raided the headquarters of Swiss bank UBS in connection with a probe into alleged tax evasion, a bank spokesman said.
He said "an investigating judge came to the Paris headquarters of UBS France in connection with his probe," confirming information given by a source close to the affair.
Two people have been charged with money laundering and complicity in illegal soliciting of business following an investigation opened last year into UBS's business practices.
Police have also raided the bank's offices in Strasbourg, Lyon and Bordeaux, detaining several employees.
