Swiss top court rules whistleblower did not breach banking secrecy

Switzerland’s highest court has ruled that former private banker and whistleblower Rudolf Elmer did not breach banking secrecy law in a case that has garnered international attention. The Federal Court rejected by three votes to two an appeal by Zurich prosecutors who were pushing for the country’s banking secrecy law to apply to whistleblowers wherever they are in the world. The majority of the federal judges pointed out that Rudolf Elmer was no longer employed by a Swiss bank at the time of the events, Swiss news agency Keystone-SDA reported. Elmer was the Chief Operating Officer of the Caribbean operations of the Swiss bank, Julius Baer, for eight years before being dismissed in 2002. After his dismissal, Elmer sent threatening messages to bank employees and forwarded customer data to the media and tax authorities of several cantons and the federal government. Only two judges upheld the view the view that the Julius Baer bank had delegated tasks to its subsidiary JBBT in ...

 
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