Monday, January 17, 2011

Swiss Banker Exposes International Corruption - Reported on NPR

From National Public Radio
"I am against the system. I know how the system works and I know the day-to-day business. From that point of view, I wanted to let society know what I know. It is damaging our society," Elmer said.
Former Swiss banker Rudolf Elmer said during a news conference Monday at the Frontline Club in London that the data supplied to WikiLeaks details financial abuses involving thousands of holders of offshore accounts.

A former Swiss banker said Monday that he has handed over to WikiLeaks two discs containing what he claims is information on 2,000 offshore bank account holders.

Rudolf Elmer, an ex-employee of Swiss-based bank Julius Baer, said the documents reveal case after case of tax evasion and involve 40 politicians as well as entertainers and multinationals from the U.S., the U.K. and elsewhere. He refused to name the account holders, but said the data span a period of at least 19 years and involve three banks.

Elmer, who is scheduled to go on trial this week for breaking bank secrecy laws, said he believes he has the right to take a stand against a system that permits secret and often illegal activity.

"I do think as a banker I have the right to stand up if something is wrong," said Elmer, who addressed reporters at London's Frontline Club alongside WikiLeaks founder Julian Assange.

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