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Four on trial for extortion - had secret Liechtenstein data
Published in Saudi Press Agency on 11 - 04 - 2008

Four men went on trial in Germany on
Friday for attempting to extort money from the Liechtenstein bank LLB
by threatening to reveal data on 2,325 suspected tax dodgers, according to dpa.
The trial was adjourned until Wednesday while judges consider six
defence motions, including a claim of judicial bias.
Prosecutors retorted that the defence was trying to deliberately
stretch out the trial.
The case is expected to revive questions about the ethics of the
German BND intelligence service paying 4.2 million euros (6.3 million
dollars) this year for another purloined list of customers of a
separate Liechtenstein bank, the LGT.
Prosecutors in the northern port city of Rostock are expected to
argue that German authorities' buying such a list was legal, but
demanding money from Liechtenstein to keep it a secret was a crime.
Liechtenstein, a territory between Switzerland and Austria,
insists it is not a tax haven, but its cast-iron bank secrecy has
attracted rich people from around the world setting up low-tax
trusts.
The four defendants are accused of extortionately obtaining 9
million euros (14 million dollars) from the LLB for returning bank
data they obtained in 2005, prosecutors are to allege. The data was
allegedly stolen by a bank employee.
The indictment was not read aloud Friday because of the delay, but
the prosecutors have made details public in the past.
The quartet is claimed to still possess data on 700 customers of
the Liechtensteinische Landesbank (LLB) and have been negotiating via
their lawyers for a lower sentence in exchange for its return.
The indictment said the group sought to extort 4 million euros
from Liechtenstein for the return of the last block of data.
The leader of the group was arrested last year as he was about to
leave Germany and take refuge in Thailand.
On Friday, defence lawyers alleged that somebody had offered to
sell a complete set of the court's files on the case to the news
media for 2,000 to 3,000 euros. Prosecutors said there would be an
investigation of the allegation.


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