Credit Suisse has violated a plea agreement with American authorities by failing to report secret offshore accounts that wealthy Americans used to avoid paying taxes, US lawmakers have said, releasing a two-year investigation that detailed the role employees at the embattled Swiss bank had in aiding tax evasion by clients.On Wednesday the United States Senate Finance Committee pointed to a continuing, possibly criminal conspiracy tied to nearly $100m in accounts belonging to a family of American taxpayers that the bank did not disclose. It also said Credit Suisse helped a US businessman hide more than $220m in offshore accounts from the Internal Revenue Service.Credit Suisse revealed that it had found 23 accounts each worth more than $20m that were not declared to tax authorities, many of them unveiled just days before the report was released, according to the committee. It said its findings show that more than $700m was concealed in violation of the bank’s nine-year-old plea deal with the US Justice Department.
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