Credit Suisse has strongly denied allegations of misconduct after dozens of media outlets published the results of a coordinated Panama Papers investigation into data leaks from thousands of bank accounts over the past decades.
A person leaked to the German Sueddeutsche Zeitung information about the accounts, which covered decades from 1940 to 2010.
The German newspaper shared the data with 46 other news organizations, including the New York Times, Guardian, Le Monde, and the Association for Organized Crime and Corruption.
Among the allegations were allegations that the bank’s customers included businessmen who had been sanctioned and people who had violated human rights.
The New York Times reported that the leaked data covered more than 18,000 accounts that collectively held more than $ 100 billion.
In a statement on Sunday night, the Swiss bank stressed that “Credit Suisse categorically rejects allegations and hints about the bank’s alleged business practices.”
“The issues presented are mainly historical and the accounts related to them are based on some, inaccurate or selective information that has been selected, resulting in trivial interpretations regarding the bank’s behavior.”
He added that about 90% of the accounts investigated have been closed today or were in the process of being closed, before the journalistic investigations, of which more than 60% were closed before 2015.
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Source: Capital
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