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Showing posts from February, 2014

Tax aviation

Swiss bank boss 'regrets' tax ploy February 26, 2014 8:07 PM The boss of Swiss bank Credit Suisse has said he "deeply regrets" that some of its bankers violated US tax laws. But Chief Executive Brady Dougan said in a statement to a US Senate committee that there was only "scattered evidence" of improper conduct. A US Senate report alleged the bank had helped US clients hide billions of dollars from the US taxman. Mr Dougan admitted some private bankers had helped Americans hide income and assets to illegally avoid US tax. Deep regret He said: "We deeply regret that - despite the industry-leading compliance measures we have put in place - before 2009, some Credit Suisse private bankers appear to have violated US law." "The evidence showed that some Swiss-based private bankers went to great lengths to disguise their bad conduct from Credit Suisse executive management." The report said that in 2006, Credit Suisse held 22,000 account...

Ethnic cleansing' of CAR Muslims

'Ethnic cleansing' of CAR Muslims Updated 17 minutes ago Militias have been attacking Muslim civilians International peacekeepers have failed to prevent the ethnic cleansing of Muslims in the Central African Republic, a human rights group says. Militia attacks have led to a "Muslim exodus of historic proportions", according to a report by Amnesty International. Aid groups have warned of a food crisis, as many of the shops and wholesalers were run by Muslims. The UN's World Food Programme is due to start airlifting aid on Wednesday. The roads are too dangerous to transport food without a military escort, WFP spokesman Alexis Masciarelli told the BBC. This means it is being forced to take the more expensive option of flying food in from neighbouring Cameroon. He said 82 tonnes of rice would arrive on Wednesday, with a further 1,800 tonnes of cereal to follow over the next month. This is enough to feed 150,000 people but he said 1.25 million need food aid. ...