> French court hits fraud-entangled UBS with reduced fine of 1.8 bn euros / V000_9UL389
00:00
00:00 / 00:00
French court hits fraud-entangled UBS with reduced fine of 1.8 bn euros / V000_9UL389
Clip ID 2139151
Creator AFP
Clearance
Proxy
Add to
Share
Add to Review Link
By Request
By Request assets are not available for immediate purchase.
h264 | 1920x1080 | 0.00 B
Per clip rates are for 20 seconds of final usage. If you are using more then 20 seconds or need a different file format or have questions about clearances contact us
Description
A "satisfactory" fine for UBS's lawyer, "a travesty of justice", says a whistleblower: Swiss bank UBS is fined a total of 1.8 billion euros for aggravated tax fraud laundering and illegal canvassing in France between 2004 and 2012, the sentence vastly reduced compared to a first ruling fine of over 4 bn including damages. IMAGES AND SOUNDBITES