BREAKING NEWS

Swiss 'Wikileaks' banker guilty of coercion

A Swiss banker who claims to have handed WikiLeaks details of rich tax evaders has been found guilty of coercion and breaking Switzerland's strict banking secrecy laws.
A judge at Zurich's Regional Court has sentenced Rudolf Elmer to a fine of over 6,000 Swiss francs ($6,000).
Elmer claimed at the one-day trial in Zurich's banking capital Wednesday that he acted after being persecuted by his former employer Julius Baer.
He also claimed to have wanted to expose widespread tax evasion by rich businesspeople and politicians when he sent confidential banking files to tax authorities, media and later WikiLeaks.
Judge Sebastian Aeppli rejected prosecution demands to give Elmer an eight-month prison sentence.
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