Swiss bank fined two billion dollors

Paris: Swiss bank UBS has been fined 2BILLION dollors by a French court.

UBS Bank was accused of aiding the French elite in tax evasion, for which the bank was fined 2019 5 billion by a court in 2019.

Following an appeal hearing, the court reduced the fine to two billion dollars.

A former employee of UBS Bank had become a forgiving witness against him.

Post a Comment

0 Comments