German Tax Evasion Resurfaces With Report of Liechtenstein Bank-Disk Offer

July 22nd, 2010


The German government may be about to step up its pursuit of tax evaders amid reports that a new CD containing stolen bank data has been offered for sale to state authorities.

Schleswig-Holstein, the most northerly of Germany’s 16 states, is in talks with an unidentified source to buy the CD containing details of “hundreds” of people with money hidden in a bank in Liechtenstein, the Sueddeutsche Zeitung reported today, without saying where it got the information. The data relates to accounts worth 500 million euros ($641 million) at Liechtensteinische Landesbank, the Munich-based newspaper said.

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