Credit Suisse faulted over probe of Nazi-linked accounts

GENEVA AP" target="_self">(AP) — U.S. lawmakers have accused embattled Swiss bank Credit Suisse of limiting the scope of an internal investigation into Nazi clients and Nazi-linked accounts, including some that were open until just a few years ago.  

The Senate Budget Committee says an independent ombudsman initially brought in by the bank to oversee the probe was “inexplicably terminated” as he carried out his work, and it faulted “incomplete” reports that were hindered by restrictions.  

Credit Suisse said it was “fully cooperating” with the committee's inquiry but rejected some claims from the Simon Wiesenthal Center, a Los Angeles-based Jewish human rights group, that brought to light in 2020 allegations of possible Nazi-linked accounts at Switzerland's second-largest bank. 

Despite the hurdles, reports from the ombudsman and a forensic research team revealed at least 99 accounts credibly tied to senior Nazi officials in Germany or members of Nazi-affliliated groups in Argentina, most of which were not previously disclosed, the committee said Tuesday, on Holocaust Remembrance Day.