Saturday, April 1, 2023

E-mails show how closely connected the federal government and the banks are

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Daniela Stoffel (left), State Secretary for International Finance, reported to Ueli Maurer until a few weeks ago – and maintains a very close and friendly exchange with the financial sector.


Thomas SchlittlerBusiness editor Sunday view

The financial sector has shaped Switzerland’s image like no other. Thanks to their decades of activity, the Paradeplatz bankers have managed to get Hollywood villains to fly to Zurich or Geneva in cinemas to keep their black money safe.

In order not to be forever ostracized as an accomplice of corrupt politicians, tax fraudsters and other criminals, the Federal Council passed the “clean money strategy” at the end of 2009 – under massive pressure from abroad – and created the State Secretariat for International Financial Matters (SIF) to implement it.

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