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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
Percentage of British elementary-school students who think Isaac Newton discovered fire:
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“American politics has often been an arena for angry minds.”