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GERMANY

Germany probes UBS over tax evasion

Authorities in south-western Germany are investigating the German branch of Swiss banking giant UBS over suspicion of aiding tax evasion.

Germany probes UBS over tax evasion
Photo: Martin Abegglen

"We are investigating officials of the bank whose names are still not known, and customers," Peter Lintz, the public prosecutor in the city of Mannheim, said on Thursday.

"It concerns the suspicion of aiding tax evasion," Lintz said.

"Staff of the bank are suspected of having helped customers take money from Germany to Switzerland," he said, confirming a report in the Stuttgarter Nachrichten newspaper.

During a search of the Frankfurt premises of the bank in May, evidence, primarily electronic data, was seized and is currently being examined, he said.

UBS chief Axel Weber said in a German press interview in August that his bank had "zero tolerance" for tax fraud.

Germany and Switzerland have drawn up a tax deal aimed at ending spats over alleged tax evasion but the treaty is currently facing opposition by some lawmakers in the German upper house of parliament.

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GERMANY

Germany cracks down on fake Covid vaccine documents

German police have set up a special team to fight a growing number of forged vaccine certificates being sold in the black market

Germany cracks down on fake Covid vaccine documents
People who are fully vaccinated can show their vaccination booklet, which has a stamp and a sticker inside. Photo: Ina FASSBENDER / AFP

Police in Cologne have warned of a group of fraudsters selling fake vaccination certificates, a growing problem the scale of which is still unclear.

The police said the fraudsters worked in encrypted Telegram chats, making investigations difficult, and were selling fake documents with all the stamps and signatures, including a mark about vaccination with BioNTech or AstraZeneca.

READ ALSO: Germany probes Covid-19 testing centres for fraud

The fraud involved both real traffic in fake documents as well as scams luring customers into paying €100.

People in Germany who are fully vaccinated can show their vaccination booklet, which has a stamp and a sticker inside. Those who don’t have a booklet get a piece of paper.

Covid health passes are currently being rolled out across the EU, with a European health passport expected to be available from mid-June.

READ ALSO: What’s the latest on how the EU’s ‘Covid passports’ will work for travellers?

Over 44% of the adult population in Germany has received at least one dose of the Covid-19 vaccine, and more than 18% of Germans have been fully vaccinated.

German police have said forged coronavirus vaccine documents are becoming an increasing problem.

Last month, a couple in Baden-Württemberg was accused of selling fake coronavirus vaccination certificates.

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