NEW YORK: Credit Suisse Group AG faces a United States Justice Department investigation into whether it has complied with a 2014 guilty plea in which it paid US$2.6bil (RM11bil) and admitted helping thousands of Americans evade taxes.
The Justice Department revealed in a court filing that it’s investigating the plea deal in which the bank promised it would close “any and all accounts” not declared to the Internal Revenue Service.
Already a subscriber? Log in
The Star Festive Promo: Get 35% OFF Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
