Whistleblower Disclosures Result in Historic International Treaty
The Swiss parliament finally approved the deal made between UBS and the U.S. government that requires UBS to turn over the names of 4,450 U.S. citizens who held accounts at the Swiss bank. The NWC issued the following release:
Washington D.C. June 17, 2010. In an unprecedented move the Swiss parliament voted to approve a deal between the Department of Justice (DOJ) and UBS in which UBS has agreed to turn over the names of 4,450 U.S. citizens who held secret and illegal bank accounts at UBS.
Lindsey M. Williams, Director of Advocacy and Development of the National Whistleblowers Center, said:
"Today's news is bittersweet. While the Swiss government will finally be releasing the names, the outcome is far from a fairytale ending for taxpayers...
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