Feb 142010

When diplomacy fails, play hardball.

A Swiss member of parliament alleged Saturday that top German public officials had secret bank accounts in Switzerland and threatened to out them if Germany bought stolen data on tax dodgers.

”If Germany buys stolen bank data, we’ll push for a legislative change that would have to disclose all Swiss accounts of German people who hold public office,” MP Alfred Heer of the right-wing Swiss People’s Party told daily Bild.

He said information from Swiss banking circles indicated that German politicians, officials and judges had offshore account in Switzerland and Liechtenstein designed to avoid tax.

Read more in The Local (De)

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