Tag Archives: Swiss

Swiss arrest two Syrians traces of explosives in auto: media reports

GENEVA Two Syrian nationals have been arrested in Geneva on Friday and traces of explosives have been discovered in their automobile, the nearby newspaper Tribune de Geneve and Swiss tv said.

The newspaper gave no specifics on the identity of the two males or the situations of their arrest. It said it was unclear no matter whether the arrests had been linked to a heightened security alert Geneva authorities had declared on Thursday. It remained in impact at level 3 on a scale of five.

“Two males of Syrian origin have been arrested in Geneva on Friday,” Swiss tv mentioned on its nightly news broadcast. “Traces of explosives were discovered in their car.”

Geneva officials had been not instantly accessible to comment, but a source close to the case told Reuters that two guys had been arrested, with no providing any particulars.

Swiss media and Reuters have reported that authorities are looking for four men believed to have been in Geneva this week. A van with Belgian plates and two guys entered Switzerland from France by means of the Jura mountains on Tuesday and went back to France soon after three few hours, Swiss tv mentioned.

Earlier on Friday, Swiss President Simonetta Sommaruga said that Swiss federal authorities had place Geneva on a high safety alert this week following obtaining a tip from foreign authorities about a suspected Islamic State cell in the area.

Two sources confirmed to Reuters that the Central Intelligence Agency had offered a photo of 4 males to Swiss authorities on Wednesday, saying they could be on Swiss territory.

The photo, published in Swiss newspapers, showed 4 bearded men seated, with their faces blurred and index fingers raised in the air. A CIA spokesman in Washington declined to comment on Thursday.

(Reporting by Stephanie Nebehay Editing by Louise Ireland, Larry King)

Agen Sabung Ayam

Swiss EFG Bank to pay $29 million in Justice Dept plan deal

The bank settled beneath a voluntary program the Justice Department launched in 2013 to allow Swiss banks to resolve possible criminal charges by disclosing cross-border activities that helped U.S. account holders conceal assets.

Beneath the plan, banks have to also provide detailed data on the accounts of U.S. taxpayers below investigation. Banks that had been currently under criminal investigation had been excluded from the system.

The agreement “removes a main supply of uncertainty and will enable senior management to devote far more of their time to delivering lucrative development,” the bank stated in a statement posted on its internet site.

The penalty is larger than the $ 10.eight million that the company had already set aside in anticipation of the settlement, the bank stated.

Seven Switzerland-primarily based EFG bankers collectively made at least 72 business trips to the U.S. in between 2005 and 2013, the Justice Division stated.

1 banker set up a client referral system with two U.S.-based lawyers, an accountant, and a fiduciary firm. A lawyer asked the banker not to travel to the United States with a pc and to use faxes, not emails, to communicate about consumers. These measures would avoid authorities from studying their identities and arrangements.

“I will then acquire me one at BestBuy and leave it there for use when I am traveling. So I never ever will cary a laptop over the border,” the banker mentioned, according to the Justice Department, which did not determine the banker.

EFG held a total of 919 U.S.-associated accounts because August, 2008 with a collective peak worth of about $ 1.58 billion, the Justice Division stated.

The Justice Department, in recent months, has announced a spate of other settlements below its Swiss plan. On Nov. 24 Deutsche Bank AG’s Swiss unit agreed in a settlement with the Justice Division to spend far more than $ 31 million. (Reporting by Suzanne Barlyn Editing by Andrew Hay)