Criminal funds provided by Credit Suisse for decades

The study was conducted by the Organized Crime and Corruption Reporting Program (OCCRP), a consortium of 47 media outlets including. The world, DefenderThe Miami HeraldThe NationSubmitted anonymously a year ago in a German newspaper following a major data leak Suddeutsche Zeitung.

The data indicate daily that from the early 1940s to the late 2010s there were more than 18,000 bank accounts hosted on Credit Suisse and owned by 37,000 people or companies. The world.

“Based on the massive leaks from thousands of bank accounts managed by Credit Suisse, [l’enquête] It shows that the Zurich-based company has been providing funds related to crime and corruption for decades, in violation of the rules of surveillance imposed on large international banks, ”the newspaper wrote.

In a statement, Credit Suisse responded to the allegations by saying that the data examined were “partially, inaccurate or taken from context, resulting in a biased presentation of business behavior”.

The bank promises to “investigate” the data leak, “90% of the accounts involved have now been closed, more than 60% before 2015”.

In total, more than 100 billion Swiss francs (over $ 137 billion) are involved in the accounts surveyed by the federation.

The leaks are mainly focused on developing countries: Africa, the Middle East, Asia and South America and Western Europe, accounting for only 1% of the total customers, the newspaper notes.

Credit Suisse, the second largest bank in the Swiss banking sector, has been rocked by a series of scandals over the past year. In March, the bank was crippled by the bankruptcy of a finance company called Greensill, which made about $ 10 billion through four funds, and then the bank exploded about $ 5 billion after the US-funded archetype erupted.