Close X
Sunday, December 1, 2024
ADVT 
International

German Prosecutors Raid Premises Linked To Canadian Bank In Tax Evasion Probe

Darpan News Desk The Canadian Press, 25 Sep, 2015 12:59 PM
    BERLIN — German authorities have searched premises linked to Maple Bank as part of a probe into alleged tax evasion and money laundering.
     
    Maple Bank, based in Frankfurt, Germany, is part of Canada's Maple Financial Group.
     
    Prosecutors in Frankfurt said Friday that almost 300 investigators took part in the raid on 30 private premises and offices across Germany on Wednesday.
     
    Prosecutors said the probe focused on 11 unnamed individuals aged 44 to 70.
     
    They didn't name Maple Bank, but the company said in a statement that it "comprehensively supported the search operation and has pledged to co-operate further with the investigating authorities."
     
    It added that "as a matter of principle, the bank does not comment publicly on questions of tax law and ongoing proceedings."

    MORE International ARTICLES

    Abused Indian American Teen Priya Gopal-Walker To Washington In Miss Teen USA Pageant

    Abused Indian American Teen Priya Gopal-Walker To Washington In Miss Teen USA Pageant
    Indian-American Priya Gopal-Walker, a survivor of child abuse, will represent Washington in the 2015 Miss Teen USA Pageant to be held in Bahamas.

    Abused Indian American Teen Priya Gopal-Walker To Washington In Miss Teen USA Pageant

    India-Born Singaporean Politician Inderjit Singh Calls It Quits

    India-Born Singaporean Politician Inderjit Singh Calls It Quits
    Following the release of the Electoral Boundary Review Committee's report on Friday, Inderjit Singh posted on Facebook that he would be stepping down.

    India-Born Singaporean Politician Inderjit Singh Calls It Quits

    Three Dead In US Theatre Shooting

    Three Dead In US Theatre Shooting
    A 58-year-old man killed two people and injured nine others inside a movie theatre in the US state of Louisiana before turning the gun on himself and taking his own life, authorities said on Friday.

    Three Dead In US Theatre Shooting

    How Sikh Community Kitchens Are Turning New Food Banks For Homeless In Britain

    How Sikh Community Kitchens Are Turning New Food Banks For Homeless In Britain
    The homeless in Britain are turning to Sikh community kitchens at gurdwaras for hot meals as the demand for food banks rises, a media report said.

    How Sikh Community Kitchens Are Turning New Food Banks For Homeless In Britain

    Here's Why Bobby Jindal May Not Be In First Presidential Debate

    Indian-American Republican presidential hopeful Bobby Jindal faces the prospect of being relegated to a secondary forum in the first presidential debate set for August 6 as the prime time main event is limited to only the top 10 candidates.

    Here's Why Bobby Jindal May Not Be In First Presidential Debate

    Indian Fashion Business Student Kartik Verma Wins Prestigious Us Award

    Indian Fashion Business Student Kartik Verma Wins Prestigious Us Award
    Aspiring Indian entrepreneur Kartik Verma has won the 2015 edition of prestigious Global James McGuire Business Plan Competition with his business idea 'Assuage Mom' for the maternity wear market in India.

    Indian Fashion Business Student Kartik Verma Wins Prestigious Us Award