This should get interesting: Swiss Bank Stands Up to DOJ - GoFuckYourself.com

u-Bob · 02-11-2012, 04:25 PM

http://www.businessweek.com/ap/finan.../D9SQTNS01.htm

Quote:

The Justice Department is calling Switzerland's largest private bank a fugitive from justice after it didn't show up for a court hearing in New York.

The bank was indicted on Feb. 2. Since then, U.S. officials haven't found a way to move the case forward.

Wegelin & Co. is charged with conspiring with American clients to hide $1.2 billion from the Internal Revenue Service.

In a statement issued in Switzerland after the court hearing, the bank said it had not been properly served with the criminal summons. It said it was therefore under no obligation to appear in court. As for the charges, the bank suggested that there was a conflict between US and Swiss law.

The bank was summoned to appear before a federal judge at 3 p.m. Friday, but no one showed.

DWB · 02-11-2012, 04:29 PM

Good for them.

They will lose any chance of investing in the USA or lose what they have invested, but good to see them take a stand.

02-11-2012, 04:29 PM	#2
DWB Registered User Industry Role: Join Date: Jul 2003 Location: Encrypted. Access denied. Posts: 31,779	Good for them. They will lose any chance of investing in the USA or lose what they have invested, but good to see them take a stand.