Swiss banker who turned to WikiLeaks goes on trial

January 19, 2011 11:59 am | Updated November 17, 2021 03:33 am IST - ZURICH

A Swiss banker who claims to have handed WikiLeaks details of rich tax evaders goes on trial Wednesday on charges of coercion and breaking Switzerland’s strict banking secrecy laws.

Zurich prosecutors say Rudolf Elmer stole client data after being sacked by his employer and then tried to extort money from Bank Julius Baer and senior executives.

A prosecution statement obtained by the AP ahead of the trial also alleges Elmer illegally gave details on the bank’s offshore clients to tax authorities and media.

Prosecutors are calling for an eight-month suspended sentence and fine for what Julius Baer says was a vendetta by a disgruntled employee against it.

Elmer claims he was trying to expose a widespread system of tax evasion by rich businesspeople and politicians.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.