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A former banker who blew the whistle on thousands of secret bank accounts rich Americans held at Swiss giant UBS claimed Thursday some U.S. politicians also kept off-shore accounts with the bank. “We had an office in Washington that we all referred to as the PEP office – for ‘Politically Exposed People,’” Bradley Birkenfeld said.
He was speaking by phone – on tax day, no less – from Schuylkill County federal prison in Pennsylvania, where he is serving a 40-month sentence for his role in the tax evasion scheme. “Only top managers from the bank knew the names of the political clients,” Birkenfeld said.
More from Ken Silverstein:
Perspective — October 23, 2013, 8:00 am
How pro-oil Louisiana politicians have shaped American environmental policy
Postcard — October 16, 2013, 8:00 am
A trip to one of the properties at issue in Louisiana’s oil-pollution lawsuits
Chances that an organ transplanted in New York City last year came from a murder victim:
Two thirds of U.S. teenagers experience uncontrollable rage.
In Gainesville, Florida, a drunk man who jumped out of his pickup truck to yell at the driver in front of him was run over by his own vehicle.
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“I hope that after reading the following pages the leaders of the Y. M. C. A. will start a campaign to induce good young men to do nothing. If so, I shall not have lived in vain.”