Hundreds are under suspicion of tax evasion and German officials have raided corporate offices across the country in recent days. We're seeing what apparently amounts to an ethical shift in a country where tax evasion has been seen as a sort of sport. The biggest target the tax probe to date has been Klaus Zumwinkel, chief executive of Deutsche Post. One thing is virtually certain. As German regulators cast their eyes across the border at the Liechtenstein banks where the wealthy and powerful have parked their illicit funds, more prominent names will soon be added to the list - as many as 900 of them.

-- MDT

Labels: Germany, Klaus Zumwinkel, Liechtenstein, tax evasion