‘Traitor’ Swiss banker Rudolf Elmer gave tax files to Wikileaks

A Swiss banker accused of revealing details of tax-dodging clients on WikiLeaks is a traitor who should be sentenced to three and a half years in prison, prosecutors said.

Rudolf Elmer, formerly employed by Julius Baer Group Ltd as chief operating officer of a Cayman Islands unit, calls himself a whistleblower, thus dressing himself in a cloak of legitimacy, prosecutor Peter Giger said in closing arguments.

He is a pure traitor who fought the bank again and again under the pretence of humanitarian ideas.

Elmer, 59, is accused of violating the countrys financial secrecy laws in what he says was an effort to raise awareness of the use of Swiss bank accounts for illegal activity including tax evasion.

He also allegedly offered bank data to the German government and fabricated a letter to German chancellor Angela Merkel from the Swiss bank, advising her to close an account she never had. Countries including the US, the UK and Germany have used testimony from former Swiss bankers or stolen client data to pursue offshore tax dodgers.

While such cases are not uncommon in Switzerland, where for almost a century the principle of bank secrecy has been enforced by laws that carry prison terms for offenders, Elmers trial has attracted more attention than most.

Thats partly because the bank data transfer involved a website that has drawn the ire of the US and other governments around the world for publishing confidential documents under an avowed commitment to increased transparency.

The trial resumed for the first time since Elmer collapsed at the opening on December 10, forcing the court to postpone the proceedings. His lawyer, Ganden Tethong, said he is still not well but he seemed in better condition.

Elmers lawyer asked the court to clear him of all charges, saying the statute of limitations had run out on one count. She also argued Swiss law doesnt apply because the alleged offences didnt occur in Switzerland and because he wasnt actually employed by the bank at the time. The state should cover his legal costs and compensate him for time already served and the loss of business while he was detained, Tethong said.

The prosecution argued that in addition to a prison sentence, Elmer should be banned from working as a banker and should cover the cost of the trial. The court said it would deliver its decision on January 19.

Read more from the original source:
‘Traitor’ Swiss banker Rudolf Elmer gave tax files to Wikileaks