A discussion on the swiss bank controversy

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For Kunin this was not only a political achievement but a personal revelation. All other rights remain the property of swissinfo. Fanning the flames One version of the truth was released on May 7,by Stuart Eizenstat — a report based on some 15 million pages of documents declassified and stored at the National Archives and Records Administration NARA outside of Washington.

Swiss banks

Today, two diplomats involved in the crisis see the era from different perspectives, but agree that justice has been done. We had the River Rhine. Gore and Ms. How did it start? The value of the Swiss franc CHF has been relatively stable compared with that of other currencies. In separate interviews with swissinfo. Switzerland — and in particular Swiss banks — refused requests for information about bank accounts in the name of banking secrecy. Identification of recipients of funds was handled by the Claims Resolution Tribunal, based in Zurich. Non-Jewish victims were also eligible for awards. Bank secrecy in the Swiss region can be traced [2] to the Great Council of Geneva which outlawed the disclosure of information about the European upper class in But in the end I left feeling Switzerland had done the right thing. He has denied any wrongdoing, but is currently facing an Interpol warrant for his arrest.

Even if historians found out the facts, he made another story out of it. Germany's problem is much like the one that faced the Swiss banks: it is seeking a ''global settlement'' that will terminate all future claims.

swiss bank account

How did it start? Investigations into Brunner and other executives continue, although Brunner recently won back a confiscated passport. But in the end I left feeling Switzerland had done the right thing.

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In Switzerland little attention was paid to the issue. Funds were alleged to have been siphoned off through a web of shell companies and bank accounts and lavishly spent on items including a luxury property, a private yacht , and even funding for a Hollywood film. I think it brought closure. Dreifuss has not dissented from that position. According to Jost, the cabinet and parliament never discussed the findings, although they had agreed to when the committee was formed. It put an end to the quarrels which took over three years. However in the s, pressure from the United States and the Jewish organisations was so great that a majority of Swiss politicians accepted a critical view of Switzerland during the Second World War. As regards the use for private purposes, it is only permitted to use a hyperlink to specific content, and to place it on your own website or a website of third parties. Vice President Al Gore and the new President of the Swiss Federation, Ruth Dreifuss, declared today that the dispute over the disposition of Nazi gold and the treatment of Holocaust survivors by Swiss banks was over. Even if historians found out the facts, he made another story out of it. Why are we being examined? Many of those accounts disappeared, or were drained, in the years following the war. Borer remembers his reaction.
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Secretive Swiss bank accounts face new crackdown