(Bloomberg) -- U.S. Senators Carl Levin and John McCain urged the Justice Department to seek extradition of about 30 Swiss bankers and others who are charged with enabling offshore tax evasion and havent appeared in federal courts.
The department should at least attempt to use powers under an extradition treaty with the Swiss, Levin and McCain wrote yesterday to Deputy Attorney General James Cole. Levin, a Michigan Democrat, and McCain, an Arizona Republican, lead the Senate Permanent Subcommittee on Investigations, which issued a report last month criticizing the Justice Departments enforcement efforts involving Swiss banks, including Credit Suisse Group AG.
Register or login for access to this item and much more
All Financial Planning content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access