Bank of Amer­ica sus­pends Wik­ileaks trans­ac­tions

The Pak Banker - - Front Page -

NEW YORK: Bank of Amer­ica an­nounced on Satur­day that it had de­cided to sus­pend all trans­ac­tions in­tended for Wik­ileaks. Spokesman Scott Sil­vestri said the bank will join MasterCard, PayPal, Visa Europe and oth­ers in no longer con­duct­ing any trans­ac­tion of any kind what­so­ever which there is rea­son to be­lieve might be in­tended for Wik­ileaks.

Sil­vestri said the de­ci­sion was based on the fact that the bank had rea­son to be­lieve that Wik­ileaks might be en­gaged in ac­tiv­i­ties that were, among oth­ers, con­trary to their pol­icy of in­ter­nal pay­ments.

Ju­lian As­sange, co-founded Wik­ileaks, im­me­di­ately re­sponded by de­nounc­ing a new form of fi­nan­cial McCarthy­ism in the United States as he pre­pared for the broad­cast­ing in Jan­uary of nu­mer­ous doc­u­ments about the Amer­i­can fi­nan­cial sys­tem.

Last month, As­sange promised in­for­ma­tion likely to bring down a bank or two with the re­lease of in­crim­i­nat­ing doc­u­ments. The news web­site Huff­in­g­ton Post has dug up an in­ter­view that the founder of Wik­ileaks was granted in Oc­to­ber 2009 in a trade mag­a­zine where he claimed to hold 5 gi­ga­bytes of data from Bank of Amer­ica from the hard drive of one of its lead­ers.

On Fri­day, in an in­ter­view with U.S. tele­vi­sion net­work CNBC, Ju­lian As­sange had said his or­ga­ni­za­tion was the sub­ject of attacks car­ried out by sev­eral banks. He said Wik­ileaks was at­tacked, not pri­mar­ily by gov­ern­ments, not pri­mar­ily by the U.S. govern­ment but by banks. As­sange cited the banks of Dubai, banks in Switzer­land, Amer­i­can banks, and banks in the United King­dom with­out giv­ing any names. He also re­it­er­ated his in­ten­tion to pub­lish the pa­pers of Fi­nan­cial In­sti­tu­tions. -PB News

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