Wednesday, January 19, 2011

WikiLeaks To Expose Financial Crimes



WikiLeaks is preparing to expose tax evasion and other financial crimes contained in two computer discs:

A former senior Swiss bank executive said on Monday that he had given the WikiLeaks founder, Julian Assange, details of more than 2,000 prominent individuals and companies that he contends engaged in tax evasion and other possible criminal activity.

Rudolf M. Elmer, who ran the Caribbean operations of the Swiss bank Julius Baer for eight years until he was dismissed in 2002, refused to identify any of the individuals or companies, but he told reporters at a news conference that about 40 politicians and “pillars of society” were among them.

...Mr. Elmer, who previously provided documents from his former employer to national tax authorities including the Internal Revenue Service in the United States, said he had turned to WikiLeaks to “educate society” about what he considers an unfair system that serves the rich and aids those who seek to launder money.

...“The man in the street needs to know how this system works,” he said, referring to the offshore trusts that many “high net worth individuals” around the world use to evade taxes.

With his usual conciseness, Atrios of Eschaton comments on the expected response:

I'm sure the Very Serious People response to anti-rich people leaks to wikileaks will be the same as their response to leaks embarrassing powerful people in governments. It's just wrong to hold powerful people accountable for anything.

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