Use of Stolen Fiscal Data ‘Must End,’ Westerwelle Tells Bilanz

Germany “must end” its purchases of client information stolen from Swiss banks, German Foreign Minister Guido Westerwelle told Bilanz.

The practice of buying “stolen property” to trace tax evaders is “questionable,” Westerwelle told the Zurich-based magazine. A Swiss-German tax treaty should be ratified as soon as possible, Westerwelle was quoted as saying.

To contact the reporter on this story: Stefanie Knoll in Zurich at sknoll3@bloomberg.net

To contact the editor responsible for this story: Mariajose Vera at mvera1@bloomberg.net

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