Senators Seek Extradition of Swiss Bankers

By Sam Obenhaus

Senators Carl Levin (D-MI) and John McCain (R-AZ) are seeking the extradition of 60 Swiss bankers and financial advisers who allegedly assisted U.S. citizens in evading taxes.  On March 18, they sent a letter to Assistant Attorney General James Cole pushing the Department to request extradition, something it has been reluctant to do.  

“Even if a request is unsuccessful,” they claim, “it will inform both Switzerland and its citizens that the United States is ready to make full use of available legal tools to stop facilitation of U.S. tax evasion and hold alleged wrongdoers accountable.”  

Levin and McCain are Chairman and Ranking Member, respectively, of the Senate’s Permanent Select Committee on Investigations. The Washington Post and Wall Street Journal have more on this story.