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Ex-Swiss banker on trial over client secrecy

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Bloomberg Geneva/Zurich

A former Julius Baer Group Ltd banker told a Zurich court he sent account data to Swiss tax offices in a trial over whether he broke the country’s client- secrecy laws and made death threats.

Rudolf Elmer was fired from his position as COO by Julius Baer Bank & Trust Company Ltd in the Cayman Islands in December 2002. He is charged with breaching Switzerland’s banking secrecy laws and making a bomb threat to the bank and death threats to employees.

Elmer, who worked for Julius Baer for 15 years and says that he wants to expose tax evasion using offshore bank accounts, gave data on about 2,000 cross-border clients to WikiLeaks founder Julian Assange this week in London.

 

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First Published: Jan 20 2011 | 12:58 AM IST

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