News you may have missed #628 (analysis edition)

Michael Scheuer

Michael Scheuer

►►Should intelligence agencies chase tax evaders? Three years ago, Germany’s foreign intelligence service, the BND, paid a whistleblower close to $7 million for DVDs containing information on thousands of secret accounts at a leading Liechtenstein bank. The discs contained data on 4,527 Liechtenstein foundations and financial entities, 1,400 of which were owned by Germans. But should a spy agency like the BND take part in the unglamorous and politically charged business of collecting information on tax cheats?
►►UK ex-spy chief says Google makes spies work harder. The rise of the web and Google means Britain’s spies have to work harder to produce genuinely secret intelligence, according to Sir David Pepper, the former director of GCHQ, Britain’s signals intelligence agency. He said “the Google effect” of so much information being readily available online had “very substantially” raised the “threshold for producing intelligence” for MI5, MI6 and GCHQ.
►►Ex-CIA official says America ‘creates its own enemies’. Americans are in the crosshairs of terrorists worldwide purely due to Washington’s policy in the Muslim world, according to former CIA officer Michael Scheuer, who spoke to Russia Today. Scheuer, author of Through Our Enemies’ Eyes, worked for the CIA for over 20 years and at one time was the chief of the agency’s ‘Bin Laden unit’.

Analysis: An Economic Security Role for European Spy Agencies?

Economic espionage

Economic spying

By JOSEPH FITSANAKIS | intelNews.org |
Last February, Spain’s intelligence service began investigating alleged suspicious efforts by foreign financial speculators to destabilize the Spanish economy. According to newspaper El País, the Spanish government asked the country’s Centro Nacional de Inteligencia (CNI) to probe links between speculative moves in world financial markets and a series of damaging editorials “in the Anglo-Saxon media”. There are indications that the National Intelligence Service of Greece (EYP) is following in the CNI’s footsteps. In February, when Athens and Brussels began to realize the magnitude of the financial crisis threatening the European common currency, several news outlets suggested that the EYP was cooperating with Spanish, Irish and Portuguese intelligence services in investigating a series of coordinated speculative attacks on money markets, most of which allegedly originated from London and Washington. Read more of this post

Unprecedented German tax scandal has intelligence connection

Heinrich Kieber

Heinrich Kieber

By JOSEPH FITSANAKIS | intelNews.org |
Klaus Zumwinkel was until recently the CEO of Deutsche Post, Germany’s now-privatized postal company, which is said to be the world’s largest logistics corporation. Early yesterday morning, Zumwinkel was given a two-year suspended sentence and fined €1 million for systematically evading taxes “with criminal energy”, as the presiding judge put it. The disgraced former CEO is thus far the highest-profile offender in what has become the largest financial crime scandal in German history. The affair involves nearly 1,000 names of wealthy investors, celebrities, and business executives, linked to illegal fund deposits at LLB and LGT Group, two “no-questions-asked” banks owned by the Royal family of the tiny alpine tax haven of Liechtenstein. What is perhaps less known is that the investigation, which now incorporates thousands of individuals in at least a dozen countries, began through a tip received by Germany’s foreign intelligence service. Read more of this post