Home > Economy, Insights and Commentary, Politics, Trends > WikiLeaks & Swiss Banker Blows the Lid off Uber-Wealthy Stash

WikiLeaks & Swiss Banker Blows the Lid off Uber-Wealthy Stash

January 17, 2011

This is huge. Now we will know which corporations are evading taxes at the expense of Americans. The Kings and Queens have no clothes.

Watching MSNBC news: former Swiss banker Rudolf Elmer was handing over two discs to Julian Assange that purportedly lists 2000 prominent people, politicians and/celebrities and companies that have stashed their cash in Swiss banks, perhaps illegally to avoid taxes.

The Telegraph reports:
The CDs are understood to include the details of 2,000 wealthy individuals and corporations, including 40 politicians and some celebrities.

Mr Elmer declined to give any information about the “high net worth” individuals and companies on the CDs, however, although he said that those named were from Britain, the US, Germany, Austria, Asia and “all over”.

He has previously said they include “business people, politicians, people who have made their living in the arts and multinational conglomerates”.

The BBC reports:
The data covers multinationals, financial firms and wealthy individuals from many countries, including the UK, US and Germany, and covers the period 1990-2009, according to a report in Swiss newspaper Der Sonntag.

“Once we have looked at the data… there will be full revelation,” said Mr Assange, who is currently on bail and confined to the UK due to an extradition request from Sweden.

Alternet reports:
The mountain of damning information acquired by WikiLeaks just keeps growing, this time thanks to former Swiss banker Rudolf Elmer, who has reportedly fed the whistle-blower site information that could uncover “massive, unmitigated tax evasion ” by powerful individuals and corporations around the globe.

Elmer handed over two optical discs worth of data, said to contain Swiss bank accounts linked to thousands of individuals, including some 40 politicians and “pillars of society” from the U.S., Asia and Europe. Speaking at a press conference outside the Frontline Club, where WikiLeaks founder Julian Assange is under house arrest, Elmer called WikiLeaks “my only hope to get society to know what’s going on” and said “it is damaging our society in the way that money is moved.”

After leaving a Cayman Islands outpost of the Swiss bank Julius Baer in 2004, Elmer alleged that many of the bank’s top clients engaged in tax fraud with the full cooperation of Julius Baer leaders, according to Raw Story. Elmer, who went on to found the Swiss Whistleblower website, has fed significant information to WikiLeaks once before, in 2007. He faced a court hearing over that release just last Tuesday.

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