Whistleblower says he has files that show tax dodging

| 04/05/2010

(Reuters): A former private banker at Julius Baer who alleges the Swiss bank knowingly helped rich clients dodge taxes, said on Monday that US clients have long paida premium for Swiss firms’ tax advantages. Rudolf Elmer, who told his story in public for the first time, was fired from Julius Baer in 2002. He says he has divulged internal company documents with officials in several countries, including the United States and Germany. As a former chief operating officer for Julius Baer in the Cayman Islands, Elmer says he has files that show the bank helped clients skirt taxes.

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