Friday, 7 October 2011

Rudolf Elmer: The man who blew the whistle on Swiss banks - Business

Former Swiss private banker Elmer.
Toral Varia

A former employee of Swiss bank Julius Baer, Rudolf Elmer shot into limelight as a whistleblower in 2008.

He shared secret documents with WikiLeaks on the tax evasion activities of Julius Baer in the Cayman Islands.

Elmer was arrested in January this year for handing over a CD with 2,000 names of tax evaders to Julian Assange, the editor of WikiLeaks in 2008.

It had details of bank accounts between 1997 and 2002. The names of several Indians also figured in the list.

Meanwhile, Julius Baer alleged that Elmer tampered the evidence to suggest tax evasion.

Rudolf Elmer in an interview with talks about the dark side of black money, financial secrecy and lashes out against Swiss banks who are encouraging tax defaulters.

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