The Straits Times
www.straitstimes.com
Published on Sep 19, 2012
 

French headquarters of UBS raided in tax evasion probe

 
 

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.