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Ex-Swiss banker found guilty in WikiLeaks trial, avoids jail

Jan 20, 2015    

ZURICH (Reuters) - A former Julius Baer banker found guilty on Monday of breaching Swiss banking secrecy laws by handing over data about offshore clients to WikiLeaks will avoid jail time. The trial of Rudolf Elmer, 59, a self-described "Gandhi of Swiss tax law", comes as banking secrecy in Switzerland is crumbling under international pressure from countries trying to recoup lost tax revenue.The former senior executive at Zurich-based Baer's Cayman Islands office was accused of passing confidential information to WikiLeaks on two occasions, one in 2008 and another in 2011. Elmer was ...

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