European Stars and Stripes (Newspaper) - May 5, 1991, Darmstadt, Hesse Sunday May 5, 1991 the stars and stripes a Page 9swiss Bankers trying to improve image Geneva apr the Swiss banking commission has announced a new Law that will Clamp Down on Anonymous Bank accounts to help rid the country of its image As a Safe Haven for ill gotten gains. The Law Whilt Fth was published Friday and takes effect in july closes a loophole that allowed lawyers and fiduciary trustees in certain cases to Deposit funds on behalf of their clients without disclosing their identity. But the Law will have no Impact on the most notorious on going Legal wrangler the struggle by the Philippines government to recover funds stashed away by the late president Ferdinand Marcos and his associates. Military the Law is also unlikely to shed any More Light on unconfirmed rumours thav iraqi president Saddam Hussein has fortunes stashed in Switzerland. The main Swiss Banks have denied they hold any funds of Saddam and the Swiss govern ment says it has no grounds to launch any investigation. Nor will the Law make any difference to the holders of numbered Swiss a. Counts. The identity of such depositors is already known to a Small Circle of officials within a Bank who Are obliged to reveal the names of the client in the event of criminal proceedings. Experts say the main value of the move will be As a potential weapon against tax defraud ers. The extent to which it will help is however unclear. The so called form b that provided for this anonymity will be abolished on july 1. Banks will have until sept. 30, 1992, to ask current form b depositors to identify their clients. In the Case of a refusal the Banks arc required to Stop the business relationship. Switzerland a powerful Banks Long resisted the abolition of form a arguing that it was unnecessary and that monies clients seeking discretion would merely turn to Luxembourg and Liechtenstein Switzerland a tiny neighbor As alternatives. A a a a a a a a a a re a a. A the Banks dropped their opposition after talks with Quot regulatory authorities earlier this year although professional groups representing lawyers and trustees fought the plans to the i end. The regulatory banking commission had argued that the form b provisions interfered with the ability of Banks to meet the demands of the a due Diligence clause of the country a recent Money laundering Law. Under the Law Banks and financial companies Are required to assure the identity of Thrif depositors. The Law introduced last August made Troney laundering a crime for the first time. a a a Quot a. A -2 Public affairs workers from Pitburg recognized Pitburg Germany a two members of the Public affairs staff at Pitburg a received top air Force recognition for their work in 1990, maj. Jereon m. Brown of the 36th tac fighter Wing tied for first place in the outstanding Public affairs Field Grade officer category. V Lydie Hengen was named outstanding Public affairs officer honoured Washington a amps capt. Paul Gilley or. Is the 1990 army in Europe recipient of the Macarthur leadership award. The annual award is Given to company Grade army officers who Best display the leadership traits epitomized by Gen. Douglas Macarthur a duty Honor and country a during his Long military career. Twenty six officers in the army a Active Reserve and National guard components received the award a 23-Pound Bronze bust of Macar thur in ceremonies at the Pentagon on thursday that were hosted by army chief of staff Gen. Carl e. Vuono and Macarthur a widow Jean. Gilley is the commander of a Btry 4th in 77th Field arty regt in Frankfurt Germany. World. # a a a Brussels University Dean charged in wife s death from wire reports Brussels Belgium a the Dean of Brussels University on Friday was charged with the murder of his wife and arrested a spokesman for the 3s Brussels prosecutor reported Early saturday. Jean Renn Boog 51, denied he killed his 49-year-old wife Claire the official said. The University Dean claimed he was driving with her next to him when his car crashed and caught fire on the night of april 10, police said. Renn Boog escaped but his wife died in the burning car. He claimed that when the crash took place he was holding a lighter which dropped and ignited a flammable liquid investigators from the Start found the Case suspicious especially since Ren neb log does not smoke.6 arraigned in bombing Patras Greece a five palestinian stand a greek woman have been charged with terrorism in connection with a bomb blast that killed seven people last month in this southwestern port City. The six ranging in age from 19 to 29, were arraigned Friday before the Patras Public prosecutor. If found guilty of the charges the accused can be sentenced from five years to life in prison. No trial Date was set. Palestinian Ahmed Al Ashikeh who police said was carrying the 26-Pound bomb was among those killed when it exploded prematurely near the ground floor offices of an air courier office. Galoshes and Raincoat weather tourists and venetians use wooden planks and a hand raised the water level in the town s lagoons higher than cart to Cross St. Mark s Square on Friday recent Rains v expected causing flooding in parts of Venice Italy. Americans abroad want rights Paris apr americans living overseas have banded together to defend the interests of the 3 million . Citizens abroad in taxation education voting and other issues the new group says. The Federated league of americans around the Globe based in Paris said Friday it Hopes to draft legislation on issues affecting americans abroad and present it to the . Congress for approval. The United states is the Only Industrial democracy that taxes citizens overseas on income earned abroad. But it allows them no representation in Congress. Americans overseas also have difficulty passing their nationality on to their children. Some International schools like japanese German and French institutions abroad receive government help. _ americans overseas also Are not entitled to medicare or medicaid even though they make payments to the social Security system. The non profit league is the result of the first world conference of american citizens abroad held in Paris last july. It is formed partly by democrats abroad and republicans abroad and stresses its bipartisan nature. Other groups in the league include the association of americans resident overseas the european Council of american Chambers of Commerce american citizens abroad and the federation of american women a clubs overseas. One of its objectives is to Convene a second meeting of american residents overseas later this year in Washington. _ soviet prisoners escape in quake Moscow apr police searched saturday for nearly 100 prisoners who escaped after being let out of their cells by guards fearing a prison near the Center of soviet Georgia a earthquake zone would collapse. The prisons 300 inmates were allowed into a courtyard a for humanitarian reasons late Friday when an aftershock Shook the area said Archil Postava the top administrative official in the City of Kutaisi. Postava said nearly 100 prisoners threatened their armed guards who inexplicably allowed them to flee. Ten prisoners voluntarily returned overnight and police forcibly returned others he said. Kutaisi were blocked and police searched cars for the remainder he said by Telephone he said some of the prisoners were considered danger Ous. A freelance georgian journalist Mikhail Tak Helide said the prisoners a provoked a clash with their guards before escaping. He said Kutaisi residents reported hearing gunshots. A powerful tremor measuring 7.1 on the Richter scale rocked mountainous North Central Georgia on monday killing at least 114 people. Aftershocks throughout Friday set off landslides killed three peo fat be and levelled three Remote caucasus Mountain Vil Ages damaged by the initial tremor. 7 Kutaisi is the City closest to the quake zone. .
