Monday, September 22, 2008

Swiss Committed to Combating Money Laundering

Taiwan's first family is in a bit of hot water over alleged money laundering. The family has reportedly opened accounts across the globe and have allegedly used these accounts for questionable activity. According to Taiwan News, the Swiss accounts that have been opened by the family will receive the utmost inspection, within legal boundaries, to combat any alleged laundering by the first family. But according to Swiss law, there must be proven criminal activity for the Swiss to have access to these accounts opened by the first family. Unfortunately, the criminal activity may only be proven if authorities are given access to these accounts. If there is probable cause to be criminal activity in these accounts, do you think the Swiss should step in further?

Share this article with your social network, just click below to share now!

No comments: