Cham­ber of Ad­vo­cates Hosts Sem­i­nar on Whistle­blow­ing

Event to host book launch by US fi­nan­cial whis­tle-blower Bradley Birken­feld

The Malta Independent on Sunday - - LIFESTYLE & CULTURE -

The Cham­ber of Ad­vo­cates will be host­ing a sem­i­nar on whistle­blow­ing on the 24th of March at the Casino Mal­tese, in Valletta.

The Cham­ber has in­vited Bradley C. Birken­feld the Amer­i­can banker con­sid­ered pos­si­bly the most sig­nif­i­cant fi­nan­cial whis­tle-blower in re­cent his­tory whose dis­clo­sures to the US govern­ment in 2007 led to a mas­sive fraud in­ves­ti­ga­tion against the Swiss bank UBS and other banks that had en­abled tax eva­sion by US tax­pay­ers.

“Bradley Birken­feld’s bomb­shell rev­e­la­tions cracked the im­pen­e­tra­ble fortress of Swiss banks, prov­ing that off­shore fi­nan­cial in­sti­tu­tions sys­tem­at­i­cally aided clients’ tax eva­sion, cor­rup­tion and ter­ror­ist ac­tiv­i­ties. His case trig­gered mon­u­men­tal changes in bank­ing laws, the fed­eral tax code and in­ter­na­tional tax treaties. This is the con­text which we shall be dis­cussing dur­ing this much an­tic­i­pated event,” states Dr Ge­orge Hy­zler, Pres­i­dent of the Cham- ber of Ad­vo­cates.

Mr Birken­feld will re­call his ex­pe­ri­ence on how de­spite a thriv­ing bank­ing ca­reer, he could no longer keep silent about banken­abled tax fraud, how when UBS re­jected his con­cerns, he turned to the U.S. au­thor­i­ties, was jailed for 30 months but soon vin­di­cated with a record­break­ing IRS $104 mil­lion re­ward.

His work had en­abled the U.S. Trea­sury to re­cover $15 bil­lion in back taxes, fines and penal­ties. The case set off a domino ef­fect of in­ter­na­tional in­ves­ti­ga­tions into off­shore bank­ing’s se­cret crimes, in­clud­ing the Panama Pa­pers and much more. Now re­tired, Birken­feld is a phi­lan­thropist and sup­ports whistle­blow­ing ef­forts world­wide.

Mr Birken­feld will also launch his re­cently pub­lished book Lu­cifer’s Banker: The Un­told Story of How I De­stroyed Swiss Bank Se­crecy fol­lowed by book-sign­ing and a re­cep­tion.

The sem­i­nar will be in­tro­duced by Dr Ge­orge Hy­zler, Pres­i­dent of the Cham­ber of Ad­vo­cates, fol­lowed by a pre­sen­ta­tion by Dr David Fabri, Head of the De­part­ment of Com­mer­cial Law at the Univer­sity of Malta who has reg­u­larly lec­tured and writ­ten on whistle­blow­ing. The event is open to the pub­lic but spa­ces are lim­ited. Send an email to [email protected]

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