Koch Industries’ Mysterious ‘Internal Bank’ in Switzerland
The Koch brothers are renowned for their libertarian views, their political funding and influence, and their privately-owned global business empire. But you’ve probably never heard of Arteva Europe, a Koch Industries company whose Swiss branch makes hundreds of millions of dollars in interest income, pays very little tax, and – mysteriously – has no … Continued
The Koch brothers are renowned for their libertarian views, their political funding and influence, and their privately-owned global business empire. But you’ve probably never heard of Arteva Europe, a Koch Industries company whose Swiss branch makes hundreds of millions of dollars in interest income, pays very little tax, and – mysteriously – has no staffing costs.
The Guardian sent reporter Rupert Neate to Zurich to find out what happens at this lucrative office.