Swiss approve extradition of key figure in German “cum-ex” tax fraud case
The Swiss government has approved the extradition of Hanno Berger, a German lawyer sought in a major tax evasion case.
This content was published on
1 minute
swissinfo.ch/AP/DPA/sb
The Federal Office of Justice confirmed on Friday that it had issued an order on August 20 for the extradition of the German lawyer. The development was reported earlier by DPA news agency and Handelsblatt.
Berger, who was arrested in Switzerland last month, has been indicted in Germany on charges of tax evasion in connection with the so-called “cum-ex” scheme. The scandal is Germany’s biggest post-war fraud involving a share-trading scheme that the authorities say cost taxpayers billions of euros.
Berger is accused of promoting the scheme and helping investment bankers who swapped shares to collect multiple reimbursement for taxes they had only paid once.
He was arrested on July 7 in Switzerland, where he has been living in exile. Berger is a defendant in a court case in Wiesbaden, near Frankfurt, that opened in March.
The German lawyer has always denied any wrongdoing in conversations with Reuters and said what he did was within the law.
The extradition decision can be appealed to Switzerland’s Federal Criminal Tribunal within 30 days.
Protein in abdominal fat could help shape obesity treatment
This content was published on
The study analysed fat cells from different locations in the body, and found that those in the abdomen have unique properties.
North African asylum claims fall after rapid Swiss processing
This content was published on
The accelerated procedure, now out of its test phase, has resulted in a significant drop in applications from North African countries.
This content was published on
The artist's song "The Code" focuses on their journey as a nonbinary individual. It is one of the favourites to win this year's contest.
Swiss climate activists block vehicles near Gotthard tunnel
This content was published on
Around ten climate activists briefly blocked the A2 motorway near the northern entrance of the Gotthard tunnel on Thursday.
Watches belonging to Michael Schumacher up for auction
This content was published on
Schumacher's family is auctioning off eight rare watches from his collection in Geneva. The Christie's auction will take place on Monday.
Joya Marleen and Baschi named best solo acts at Swiss Music Awards
This content was published on
St. Gallen singer Joya Marleen and Baschi from Basel were named artists of the year at the Swiss Music Awards 2024 on Wednesday night.
Another Swiss bank settles German tax evasion probe
This content was published on
The dispute centered around accounts held for German citizens who failed to declare taxes between 2004 and 2009. Schaffhausen in northern Switzerland borders Germany. In 2015 the bank also agreed to pay the United States $1.6 million to clear up a similar investigation. Since 2009 the bank says it has adopted a “white money” strategy…
Swiss court finds former banker guilty of selling client data
This content was published on
A former employee of the leading Swiss bank UBS has been sentenced to 40 months in jail for passing stolen bank data to the German authorities.
Swiss tax spy avoids jail time as Frankfurt trial ends
This content was published on
A Swiss man on trial in Frankfurt has been found guilty of spying on the tax authorities of the German state of North Rhine-Westphalia (NRW).
Swiss help Germans with tax evasion raids at Sarasin
This content was published on
Numerous bankers and lawyers in the cantons Basel City, Basel Country, Graubünden, St Gallen, Schywz, Zurich and Zug received a visit from the police and public prosecutors. In an unusual act of cooperation with Germany over the thorny issue of Swiss banks helping German citizens evade taxes, the Zurich Public Prosecutor’s Office coordinated the raids,…
You can find an overview of ongoing debates with our journalists here . Please join us!
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.