Royal Bank of Scotland employees arrested over alleged tax fraud
Four current RBS employees were arrested. Picture: PA
FOUR current employees from the Royal Bank of Scotland have been arrested as part of an ongoing investigation into alleged tax fraud.
One former employee of the Edinburgh-based bank was also detained as part of the probe.
They were arrested at their homes across London and the Home Counties on Wednesday, HM Revenue & Customs (HMRC) confirmed.
The HMRC said the allegations related to the financial affairs of the individuals, rather than the activity of the bank.
An HMRC spokeswoman said: “As a result of an ongoing HMRC investigation into tax-related criminal offences, HMRC has arrested a number of people, some of whom work for UK banks.
“This investigation relates to the actions of the people arrested in relation to their own financial affairs and is not connected to the business activities of the banks.”
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Sunday 27 May 2012
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