i have been sitting with this for a while now and i still cannot wrap my head around it
in 2022 a whistleblower leaked internal credit suisse banking records to a german newspaper the icij the same people who exposed the panama papers went through everything and what they found was not a rumor or a theory these were actual account records with actual names in them
a man convicted of running a human trafficking operation across eastern europe was a verified credit suisse client his conviction was on record and the bank kept his account open anyway a philippine security official credibly accused of electrocuting and waterboarding prisoners under the marcos dictatorship banked there a yemeni financial operator that us intelligence had already flagged for funding al qaeda held accounts there venezuelan state oil executives who stole over a billion dollars from public funds parked their money there while international investigators were already building cases against them
more than 30000 clients more than 100 billion dollars sitting in those accounts
when all of this came out credit suisse said the reporting was misleading the swiss government took it further and made it literally illegal for swiss journalists to publish what was in the leak think about that for a second the country that houses these banks also writes the laws that make it a crime to expose what those banks are doing
they were eventually fined but not for any of this a separate cocaine money laundering case out of bulgaria surfaced the same week and that became the story everyone covered instead
in 2023 the bank collapsed and the swiss government quietly sold it to ubs over a single weekend no charges for any of the named account holders no seizures just a bigger bank absorbing everything and moving on
the documents are out there the names are in them and absolutely nothing happened
sources for verification in the comment below