London Daily

Focus on the big picture.
Friday, Jul 31, 2026

Credit Suisse leak reportedly shows dictators, pop star’s killer among clients

Credit Suisse leak reportedly shows dictators, pop star’s killer among clients

A massive leak at Credit Suisse has reportedly revealed that the bank counts dictators, a political crony who paid a hitman to kill his pop star girlfriend, and a drug trafficker among its clients.

The Zurich-based lender, which manages assets totaling $1.77 trillion, was targeted by a whistleblower who leaked information on its accounts to German newspaper Sueddeutsche Zeitung.

The newspaper shared it with the Organized Crime and Corruption Reporting Project and 46 other news organizations including the New York Times, Britain’s Guardian and France’s Le Monde.

The Panama Papers-style investigations published Sunday revealed that some of the world’s worst war criminals used Switzerland’s notoriously strict privacy laws to hide vast sums of money.

These funds were reportedly pillaged from their respective countries, most of them in the developing world.

Ferdinand and Imelda Marcos, the Filipino ruling couple who are believed to have stolen as much as $10 billion from public coffers during their reign, were helped by the bank to hide the funds, according to the Guardian.

The Swiss lender also helped Ferdinand and Imelda Marcos steal billions of dollars during their 20-year reign over the Philippines, according to documents leaked by a whistleblower.
Cronies of the late Egyptian dictator Hosni Mubarak opened several accounts with Credit Suisse where they hid hundreds of millions of dollars, according to documents.
Jordan’s King Abdullah, who rules over one of the world’s most impoverished countries, is believed to hold hundreds of millions of dollars in several Credit Suisse accounts.

A lawyer convicted of helping Marcos launder money in 1992 was still able to open an account with Credit Suisse around eight years later, according to the report.

The lawyer, Helen Rivilla, and her husband, Antonio, held around $5 million with the bank before their accounts were closed in 2006.

The sons of the late Egyptian dictator Hosni Mubarak, who ruled the country for three decades until he was forced out of office in 2011, reportedly stashed more than $187 million in a joint account managed by Credit Suisse.

A Mubarak crony, Egyptian billionaire Hisham Talaat Moustafa, was allowed to keep an account as recently as 2014 even though he had been convicted of paying $2 million to a former cop in order to kill his girlfriend, the Lebanese pop star Suzanne Tamim, according to the investigation.

The singer was found decapitated in her Dubai apartment in July 2008.

Lebanese pop star Suzanne Tamim was murdered in 2008 by her boyfriend in Dubai.
Credit Suisse said the allegations are “predominantly historical” and that “the accounts of these matters are based on partial, inaccurate, or selective information taken out of context.”

Jordanian King Abdullah and his wife, Queen Rania, the monarchs who rule over one of the poorest countries in the world, opened as many as six accounts with Credit Suisse. Just one account is believed to hold an estimated $245 million.

Credit Suisse said in a statement that it “strongly rejects the allegations and insinuations about the bank’s purported business practices.”

Credit Suisse said the allegations are “predominantly historical” and that “the accounts of these matters are based on partial, inaccurate, or selective information taken out of context, resulting in tendentious interpretations of the bank’s business conduct.”

The bank said it had reviewed a large number of accounts potentially associated with the allegations, and about 90% of them “are today closed or were in the process of closure prior to receipt of the press inquiries, of which over 60% were closed before 2015.”

Sueddeutsche Zeitung said it received the data anonymously through a secure digital mailbox over a year ago. It said it’s unclear whether the source was an individual or a group, and the newspaper didn’t make any payment or promises.


Newsletter

Related Articles

0:00
0:00
Close
Andy Burnham has Announces Plans to Redistribute Income Tax Revenue to English Mayors
Early-Release Scheme Faces Fresh Scrutiny as Reoffending and Prison Recalls Rise
Police Phone Checks Followed Report on Murder of MI5 Agent Inside Sinn Féin
Archbishop of Canterbury Reaffirms £100 Million Reparative Justice Fund During Ghana Visit
Charities Allege French Police Used Tear Gas Against Channel Migrants
Norwegian Teenager Convicted Over Iran-Linked Murder Plot in Britain
Christian Organisations File Charity Complaints Against Amnesty International UK
Ofgem Tightens Grid Connection Rules for New Data Centres
FTSE 100 Reaches Record High Despite Global Technology Sell-Off
Millions of UK Households Urged to Check Eligibility for Winter Energy Discount
Labour Restores Parliamentary Whips to Diane Abbott and Joani Reid
UK Supreme Court to Hear Challenge Over Palestine Action Ban
UK Commits More Than £8.4 Billion to Dreadnought Nuclear Submarine Programme
England Declares Severe Drought as Wildfire Burns Near Sizewell Nuclear Site
Bank of England Holds Interest Rates at 3.75% as Middle East Tensions Fuel Inflation Risks
Drought Status Extended Across All of Wales as Heat and Dry Weather Deepen Environmental Strain
Record-Low Danube Exposes Probable Mammoth Remains in Bulgaria
UK Business Confidence Climbs to Four-Month High
Greater Manchester Gains Expanded Powers Under Regional Funding Reforms
UK Supreme Court to Hear Appeal Over Palestine Action Terror Ban
Shell's Quarterly Profit Doubles to Nearly $10 Billion on Higher Energy Prices
UK Government Removes VAT From Household Electricity Bills
Exceptional Drought Grips Half of England as Wildfire Threatens Sizewell
Bank of England Holds Interest Rates at 3.75% as Inflation Risks Persist
US Says It Has Carried Out Heavy Strikes on Iran After Attempted Attacks on Its Forces
The chief executive of the popular gaming company laid off many employees and his pay rose to 38 million dollars
UK Employment Holds Steady as Wage Growth Remains Moderate
England to Introduce Artificial Intelligence into Secondary School Curriculum
Wales Launches £1.2 Billion Industrial Regeneration Programme
High Court Upholds UK Digital Surveillance Framework
Northern Ireland Reaches Budget Agreement on Infrastructure and Public Sector Pay
Home Office Expands Digital Border Checks Nationwide
UK Approves Major North Sea Wind and Carbon Capture Project
The World's Most Terrifying Smartphone: Recording, Documenting, and Reporting to the Regime
Scotland Approves Major Renewable Energy Expansion
UK and United States Sign AI and Semiconductor Cooperation Pact
UK Treasury Tightens Fiscal Controls After Gilt Market Volatility
Bank of England Holds Interest Rates at 4.5%
UK Unveils £10 Billion NHS Funding Overhaul and Workforce Reform
The AI User Nightmare: Private Claude Conversations Leaked to the Internet
UK: Former Football Association Leaders Call for World Cup Boycott Over FIFA Privatization Plan
Forbidden Love: China severs millions from their virtual partners
Over 24 Hours in the Air: Qantas Airbus Completes Record-Breaking Test Flight
Prince Harry Faces Significant Legal Costs After Insurance Shortfall
FirstGroup Sells Rail Software Business to Tracsis for £48 Million
Victoria and Albert Museum Staff Vote for Strike Action
Norwegian Teenager Convicted Over Contract Killing Plot in Britain
Royal Mail Raises Bulk Mailing Prices by 30%
Immigration Remains Britain's Top Public Concern, Ipsos Survey Finds
Prime Minister Says Social Care Reform Must Precede Assisted Dying Legislation
×