A former UBS banker has been charged in Switzerland of selling assets to the German bank of lie Rhine - Westphalia which owes creditors by not declaring their wealth in Swiss accounts , according to reports . The man is also accused of violating banking secrecy , espionage and money laundering .
A former UBS banker has been charged in Switzerland of selling data to the German state of North Rhine-Westphalia which recovered billions by not declaring their wealth in Swiss accounts, according to reports. The man is also accused of violating banking secrets, espionage and money laundering.