Hello,
We are tax and investment from Kyiv, Ukraine.
We have an old client. He used to operate a Marshall island company He worked as a CEO in a number of post-USSR companies. Most of his earnings were collected as remuneration for services. Over the time he amassed substantial personal funds. He applied and opened a corporate account at Credit Swiss (advised by CS).
Later CS suggested to transfer the funds to a different Swill bank (Kaleido Private bank - ) . The amount is 700 000 USD. Now Kaleido has been acqquired by Group Banque Richelieu and the client got a notice to take away his money. The money is in a corporate account of a Panamanian company.
We have tried several banks and EMIs but they do not want to accept the money.
The problem is complicated by the fact that the funds were mostly earned decades ago and there are no documents supporting it. However, the client sill have personal tax declarations and conformations of taxes paid.
Has anybody have any ideas how to save these money and park them somewhere else?
We are tax and investment from Kyiv, Ukraine.
We have an old client. He used to operate a Marshall island company He worked as a CEO in a number of post-USSR companies. Most of his earnings were collected as remuneration for services. Over the time he amassed substantial personal funds. He applied and opened a corporate account at Credit Swiss (advised by CS).
Later CS suggested to transfer the funds to a different Swill bank (Kaleido Private bank - ) . The amount is 700 000 USD. Now Kaleido has been acqquired by Group Banque Richelieu and the client got a notice to take away his money. The money is in a corporate account of a Panamanian company.
We have tried several banks and EMIs but they do not want to accept the money.
The problem is complicated by the fact that the funds were mostly earned decades ago and there are no documents supporting it. However, the client sill have personal tax declarations and conformations of taxes paid.
Has anybody have any ideas how to save these money and park them somewhere else?
