According to CNBC Mitt Romney isn’t the only American
political figure to have had money in a Swiss Bank account. A “handful” of politically connected
Americans had secret, undisclosed accounts at the Swiss bank UBS , a source
familiar with the accounts told CNBC.
The names of those people were turned over to the U.S.
government as part of the bank’s massive tax evasion settlement, the source
said. And while the Romney campaign has said Gov. Romney paid all appropriate
taxes on his Swiss account, the other American political figures likely did not
— the source explained that the accounts revealed by UBS to the U.S. government
were “undisclosed,” meaning that information about them was not previously
transmitted to the IRS.
UBS, like other global banks, applies heightened scrutiny to
the accounts of customers in various countries including the United States who
qualify as “Politically Exposed Persons,” or PEPs in banking jargon. A wide
range of officials meet that definition, including people who are not current
office holders or who are simply related to prominent political players….
Find out more at http://www.cnbc.com/id/48291591
No comments:
Post a Comment