Germany alleges Austria "slow" to seek tax cheats

Photo: European Commission

Revelations of tax evasion by wealthy individuals channeling their millions into tiny Liechtenstein have created a scandal in Germany and may be starting another in neighbouring Austria. German investigators are now suggesting Austria has been slow to seek any information on citizens who may have used Liechtenstein accounts to evade taxes.

Photo: European Commission
Joanna King spoke to financial crime expert Friedrich Schneider from Linz university and asked him - has Austria been slow to act?