Swiss whistleblower to hand offshore secrets to WikiLeaks

Laura Miller
clock

The offshore bank account details of 2,000 "high net worth individuals" and corporations - detailing massive potential tax evasion - will be handed over to the WikiLeaks organisation in London today by Swiss whistleblower Rudolf Elmer, two days before he goes on trial.

British and American individuals and companies are among the offshore clients whose details will be contained on CDs presented to WikiLeaks at the Frontline Club in London, the Observer reports. These include "approximately 40 politicians", says Elmer, a former chief operating officer in the Cayman Islands and employee of the powerful Julius Baer bank. After his press conference he will return to Switzerland from exile in Mauritius to face trial. The list includes: high net worth individuals, multinational conglomerates and financial institutions such as hedge funds. They are said ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Tax Planning

HMRC consults on extending UTT regime 'targeting' wealthy individuals

HMRC consults on extending UTT regime 'targeting' wealthy individuals

To cover stamp duty, National Insurance, IHT and CGT

Isabel Baxter
clock 13 May 2026 • 2 min read
Probate cases taking nearly two years rise by 131%

Probate cases taking nearly two years rise by 131%

Increased risk of interest accruing on IHT

Jaskeet Briah
clock 07 April 2026 • 2 min read
Government confirms standalone death-in-service benefits exempt from IHT changes

Government confirms standalone death-in-service benefits exempt from IHT changes

'The draft clause was nonsensical'

Jaskeet Briah
clock 17 March 2026 • 3 min read