Feb 21, 2022 14:00:00

Swiss bank account list abused by politicians and criminals around the world revealed hidden property totaling more than 12.5 trillion yen leaked

There is a large-scale information leak from

Credit Suisse, a major Swiss private bank, and customer information related to various crimes such as drug trafficking, money laundering, and corruption, totaling CHF 100 billion (about 12.5 trillion yen) It is reported that the hidden property of Switzerland has been revealed.

Suisse Secrets: Schweizer Geheimnisse --SZ.de
https://www.sueddeutsche.de/projekte/artikel/politik/suisse-secrets-schweizer-geheimnisse-e155615/?reduced=true

Revealed: Credit Suisse leak unmasks criminals, fraudsters and corrupt politicians | Credit Suisse | The Guardian
https://www.theguardian.com/news/2022/feb/20/credit-suisse-secrets-leak-unmasks-criminals-fraudsters-corrupt-politicians

Credit Suisse is one of the largest financial companies in the world and one of the ' Swiss Banks ' offering a private bank with absolute confidentiality. Credit Suisse has assets under management of CHF 1.6 trillion (about 200 trillion yen), which is the second largest bank after UBS and is one of the long-established banks with more than 150 years of history. However, business performance has deteriorated in recent years, and in the financial results for the fourth quarter of 2021, it fell from a surplus of 2.7 billion Swiss francs (about 337 billion yen) to a deficit of 2 billion Swiss francs (about 250 billion yen) in the same period of the previous year. Was reported.

Credit Suisse loses $ 2.2 billion in Q4 Full year deficit | Reuters
https://jp.reuters.com/article/credit-suisse-gp-results-idJPKBN2KF0MQ

In addition, an internal investigation revealed that Antonio Horta-Osorio, who had just taken office as CEO of Credit Suisse in April 2021, violated the Swiss rules for the prevention of new coronavirus infections twice. However, there was a turmoil that he would retire as CEO just nine months after he took office.

The leak originated from a leak from an anonymous whistleblower to the German daily Süddeutsche Zeitung, which was evaluated in collaboration with The Guardian and the New York Times.

The contents of the leak are an account list of more than 18,000 accounts, and it is related to 30,000 customers. Each account contained an average of CHF 7.5 million (approximately JPY 940 million), and the accounts of approximately 200 accounts contained more than CHF 100 million (approximately JPY 12.5 billion). Older accounts on the list were opened in the 1940s, and since 2000, two-thirds of the total has been available, and some are still available at the time of article creation.

Customers using leaked bank accounts include Southeast Asian human traders, former heads of the Hong Kong Stock Exchange arrested for bribery, executives hijacking Venezuelan state-owned oil companies, and politicians suspected of corruption in each country. Etc. are listed.

For example, we also found that a bank account owned by the Vatican was used to transfer € 350 million to buy a luxury property in London .

Bank accounts associated with Ferdinand Marcos and his wife Imelda Marcos, who had dictated the Philippines for about 20 years from 1965, were also included in the leaked list. The account was opened under the pseudonyms 'William Sanders' and 'Jane Ryan', and when it was revealed in 1995, a court in Zurich, Switzerland, had $ 500 million in the account (at that time). I ordered Credit Suisse to return the funds (about 40 billion yen at a rate) to the Philippines.

Also on the list was the account of Mr.

Pavlo Lazarenko , who was Prime Minister of Ukraine between 1996 and 1997 and was arrested on suspicion of financial fraud in 1998. Mr. Lazarenko has opened two accounts in Credit Suisse, one of which has been deposited with about CHF 8 million (about 1 billion yen). 'Credit Suisse's account has not been accessed for more than 20 years and has been frozen in connection with the proceedings against Mr. Lazarenko,' said Lazarenko's lawyer.

In addition, it turns out that an account for former President Hosni Mubarak and his two sons, who had been presidents in Egypt for 30 years until 2011, was also opened in Credit Suisse. It seems that 232 million Swiss francs (about 29 billion yen) was also deposited in the account of his eldest son, Allah Mubarak, but after the fall of former President Mubarak in a coup d'etat triggered by the Arab Spring , About 10% was used to pay the settlement money with the Egyptian government. The lawyer of his two sons also claims that his account has been frozen for over a decade.

The whistleblower told Credit Suisse, 'The Swiss banking law, which makes it illegal to disclose account holder information to third parties, is an excuse to protect financial privacy, but it is actually tax evasion. It's just a fig leaf that obscures the shame of the Swiss bank, a collaborator of people and criminals, and it's immoral. '

Credit Suisse, meanwhile, said, 'We cannot comment on anything related to individual customers under the Banking Act.' 90% of accounts are already frozen or closed, and in some cases the laws and industry practices are very different from what they are today. '