Featured Articles

Intel takes credit for three-way 4K gaming

Intel takes credit for three-way 4K gaming

All of a sudden Intel is talking about desktop gaming like there is no tomorrow and it is pushing it. The…

More...
Nvidia Shield Tablet 32GB 4G LTE out for pre orders

Nvidia Shield Tablet 32GB 4G LTE out for pre orders

Nvidia has finally revealed the shipping date of its Shield Tablet 32GB in 4G LTE flavour and in case you pre-order…

More...
Apple announces its Apple Watch

Apple announces its Apple Watch

Apple has finally unveiled its eagerly awaited smartwatch and surprisingly it has dropped the "i" from the brand, calling it simply…

More...
Skylake 14nm announced

Skylake 14nm announced

Kirk B. Skaugen, Senior Vice President General Manager, PC Client Group has showcased Skylake, Intel’s second generation 14nm architecture.

More...
Aerocool Dead Silence reviewed

Aerocool Dead Silence reviewed

Aerocool is well known for its gamer cases with aggressive styling. However, the Dead Silence chassis offers consumers a new choice,…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Monday, 17 January 2011 11:41

Swiss banker blows whistle on off-shore bank accounts

Written by Nick Farell
y_disc

Turning it over to Wikileaks
A former Swiss private banker is going to hand over data on hundreds of offshore bank account holders to the WikiLeaks website today.

Rudolf Elmer once headed the office of Julius Baer in the Cayman Islands until he was fired by the bank in 2002. He is going to go on trail in Switzerland for breaching bank secrecy.

Wikileaks is going to get two CDs which will contain names and account information of around 2000 individuals who have parked money offshore. Yesterday it was hoped that Julian Assange would be there to pick up the CD, but it is not clear if that would be a breach of probation.

Elmer said that WikiLeaks was his last hope as he  couldn't get my message out. Blum, Elmer's lawyer, told Reuters: "The story is really about banks and banking, about bank secrecy and the damage it does to society when it's employed to hide tax evasion, money laundering and corruption."

Elmer told the Swiss newspaper Der Sonntag that the data involved multimillionaires, international companies and hedge funds from countries including the United States, Germany and Britain.


Nick Farell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments