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Credit Suisse 'impeded investigations' into Nazi-linked accounts

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Swiss bank unreasonably suspended internal investigation of case

Η Credit Suisse «παρεμπoδισε ερευνες» γι α λογαριασμοyς που συνδΕονται μ ε τους Ναζi

Swiss bank Credit Suisse obstructed a years-long investigation into its handling of Nazi clients and accounts linked to the Nazis, a US Senate committee charged Tuesday.

Credit Suisse has opened an investigation into human rights group claims that the bank had Nazi-linked accounts and failed to disclose them, even during Holocaust investigations decades ago. A recent Senate committee investigation into the matter found that the bank did obstruct the investigation and “inexplicably interrupted the work” of an independent investigator overseeing it.

“The information we received indicates that the bank unreasonably limited investigation and refused to consider new evidence uncovered during its course,” said Republican Sen. Chuck Grassley, a member of the Senate Appropriations Committee.

Credit Suisse defended its internal assessment, saying the investigation found no evidence to support key claims by the Simon Wiesenthal Center that dormant accounts serviced by Credit Suisse held assets from Holocaust victims.

< p>A spokesman for AlixPartners, the consulting firm Credit Suisse hired for the investigation, did not respond to a request for comment.

However, the Senate committee said more research is needed to determine the value. of the assets of certain accounts held by the Nazis at the bank in the period after 1945.

The committee said in a statement that it opened its own investigation after receiving “credible allegations of possible wrongdoing” regarding the internal investigation, including the suspension of the intermediary who supervised it.

It is recalled that Credit Suisse was absorbed by its historical domestic rival, UBS, when it faced a huge liquidity problem a few weeks ago.

Source: www.kathimerini.com.cy

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