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The billionaire owner of the Gherkin, one of London’s most recognisable skyscrapers, has been charged in an alleged plot to bribe Brazilian officials in an attempt to cut his family company’s corporation tax bill.
Joseph Safra, the world’s richest banker with an estimated $18.3bn (£12.8bn) fortune according to Forbes magazine, was on Thursday accused of corruption in relation to a conspiracy to pay 15.3m reais ($4.2m) in bribes to tax officials, Brazilian prosecutors said.
Safra, who bought 30 St Mary’s Axe – better known as the Gherkin – for a reported £726m in 2014, was charged over the alleged 2014 scheme designed to reduce the tax bill for Banco Safra, Brazil’s 10th biggest bank which he owns the majority of.
The full original article can be found at theguardian.com