Swiss Whistleblower Plans to Hand Over Offshore Banking Secrets of Rich and Famous to WikiLeaks [View All]

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Source: Guardian UK

Swiss whistleblower Rudolf Elmer plans to hand over offshore banking secrets of the rich and famous to WikiLeaks

He will disclose the details of 'massive potential tax evasion' before he flies home to stand trial over his actions

Rudolf Elmer in Mauritius: “Well-known pillars of society will hold investment portfolios and may include houses, trading companies, artwork, yachts, jewellery, horses, and so on.”

The Observer, Sun 16 Jan 2011 00.06 GMT

The offshore bank account details of 2,000 "high net worth individuals" and corporations – detailing massive potential tax evasion – will be handed over to the WikiLeaks organisation in London tomorrow by the most important and boldest whistleblower in Swiss banking history, Rudolf Elmer, two days before he goes on trial in his native Switzerland.

British and American individuals and companies are among the offshore clients whose details will be contained on CDs presented to WikiLeaks at the Frontline Club in London. Those involved include, Elmer tells the Observer, "approximately 40 politicians".

Elmer, who after his press conference will return to Switzerland from exile in Mauritius to face trial, is a former chief operating officer in the Cayman Islands and employee of the powerful Julius Baer bank, which accuses him of stealing the information.

He is also – at a time when the activities of banks are a matter of public concern – one of a small band of employees and executives seeking to blow the whistle on what they see as unprofessional, immoral and even potentially criminal activity by powerful international financial institutions.

Read more: http://m.guardian.co.uk/media/2011/jan/16/swiss-whistleblower-rudolf-elmer-banks?cat=media&type=article