Swiss Banker to Give Bank Data to WikiLeaks
A former Swiss banker is set to hand over even more financial data to WikiLeaks. Rudolf Elmer, a former Julius Baer employee, claims he has data on how the mega-rich have used offshore accounts and institutional loopholes to avoid tax payments.
A former Swiss banker is set to hand over even more financial data to WikiLeaks. Rudolf Elmer, a former Julius Baer employee, claims he has data on how the mega-rich have used offshore accounts and institutional loopholes to avoid tax payments.
Elmer is set to go on trial for breach of privacy in his home country of Switzerland on Wednesday. –JCL
Your support is crucial…Reuters:
A former Swiss private banker who was one of the first whistleblowers to use WikiLeaks by publishing internal bank documents on the site has pledged to hand over new data on offshore bank account holders on Monday, a newspaper said.
Rudolf Elmer, who was fired from Julius Baer in 2002 and who goes on trial in Switzerland on Wednesday for breaching bank secrecy, will hand over more data to WikiLeaks at a news conference in London, Der Sonntag reported on Sunday.
Elmer told the Swiss paper he would hand over two compact discs containing the names and account details of around 2,000 bank clients — including prominent business people, artists and around 40 politicians — who have parked their money offshore.
With an uncertain future and a new administration casting doubt on press freedoms, the danger is clear: The truth is at risk.
Now is the time to give. Your tax-deductible support allows us to dig deeper, delivering fearless investigative reporting and analysis that exposes what’s really happening — without compromise.
During this holiday season, stand with our courageous journalists. Donate today to protect a free press, uphold democracy and ensure the stories that matter are told.
Economic Justice
Elizabeth Warren (D-Massachusetts) and J.D. Vance (R-Ohio) have joined forces in a rare bipartisan effort to make top executives pay for their mistakes.
Lessons learned from the 2008 financial crisis show that taxpayer-funded blank checks to institutions do nothing to help those struggling
Because our banks aren't nationalized, its inability to work with Congress has resulted in another botched attempt at crisis management.
Its forced choice to bankroll hedge funds and other speculative ventures in repo market comes at a price to the middle class.
The Massachusetts senator and Democratic presidential contender wants to make it harder for big banks to prey on consumers.
The threat of a U.S. technology company taking up the model set by China's WeChat Pay and Alipay may now be materializing.
You need to be a supporter to comment.
There are currently no responses to this article.
Be the first to respond.