Leak from Swiss bank shows ‘corrupt’ clients

A leak of data from Credit Suisse, Switzerland’s second-biggest bank, reveals details of the accounts of more than 30,000 clients and points to possible failures of due diligence in checks on many customers, according to reports.

Credit Suisse said in a statement that it “strongly rejects the allegations and insinuations about the bank’s purported business practices”.

The German newspaper Sueddeutsche Zeitung said it received the data anonymously more than a year ago.

The newspaper said the data points to the bank having accepted “corrupt autocrats, suspected war criminals and human traffickers, drug dealers and other criminals” as customers.

Credit Suisse said the allegations are “predominantly historical” and that “the accounts of these matters are based on partial, inaccurate, information taken out of context”.