Thread by @pleasesaveour

Compliance experts who reviewed journo findings said many of these customers should not have been allowed to bank at Credit Suisse

occrp.org/en/suisse-secr…

A Yemeni spy chief implicated in torture. The sons of an Azerbaijani strongman who rules a mountainous territory as his own private fiefdom. Bureaucrats accused of looting Venezuela’s oil wealth and hastening its descent into humanitarian crisis.

With nearly 50,000 employees and 1.5 trillion Swiss francs in assets under management for 1.5 million clients, Credit Suisse is still just the second-largest bank in Switzerland, a testament to how central the banking sector is to this wealthy and comfortable nation.

Credit Suisse’s clients incl the family of an Egyptian intel chief who oversaw torture of terrorism suspects for the CIA; an Italian accused of laundering criminal funds for the infamous ‘Ndrangheta criminal group; a German exec who bribed Nigerian officials for telecoms contr;

and Jordan’s King Abdullah II, who held a single account worth 230 million Swiss francs at its peak, even as his country raked in billions in foreign aid

Vz elites accused of plundering the state oil firm funneled hundreds of millions of dollars into Credit Suisse accounts.

The bank kept its Vz clients’ acts open even as media exp corrup cases against many of them

People should not have access to the system if what they are carrying is corrupt money. The bank has a clear duty to ensure that the funds it handles have clear and legitimate provenance”

“As a leading global financial institution, Credit Suisse is deeply aware of its responsibility to clients, and the financial system as a whole to ensure that the highest standards of conduct are upheld,” it added.

occrp.org/en/suisse-secr…