London Daily

Focus on the big picture.
Thursday, Sep 10, 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
Merz Rebukes AfD Expansion in Saxony-Anhalt
Compass Urges £10 Million Wealth Tax and Public Ownership Ahead of UK Autumn Budget
UK Government’s Devolution Plans Face House of Lords Scrutiny
Maldives Seeks New Chagos Sovereignty Talks With UK Prime Minister Andy Burnham
UK Airports Face Continuing Disruption After National Air Traffic Control Failure
UK Bans Imports From Israeli Settlements and Expands Sanctions on Iran
British Chambers of Commerce Forecasts UK Growth of 1% as Investment Remains Weak
UK Suspends Local Government Reorganisation Decisions and Cancels Planned Shadow Authority Polls
UK Parliament Opens Inquiry Into Gaps in Climate Change Preparedness
Andy Burnham and Xi Jinping Hold Talks on Trade, Security and British Consular Cases
UK Joins France, Canada and Other Nations in Measures Against Israeli West Bank Settlements
UK Announces New Sanctions Targeting Iranian Nuclear and Military Networks
British Chambers of Commerce Calls for Business Rate Reform and Productivity Support
UK Farmers Warn Dry Summer Could Reduce Crop Yields and Push Up Food Prices
UK Rail Networks Hit by Widespread Delays After Major Signalling Failures
Matt Clifford Resigns as ARIA Chair After Conflict-of-Interest Scrutiny
UK and France Say Joint Border Operations Have Prevented More Than 48,000 Irregular Channel Crossings
UK Core Inflation Remains Above Expectations as Utility and Commodity Costs Stay Elevated
Jaguar Land Rover Considers Up to 4,000 UK Job Cuts Amid Automotive Industry Pressure
UK Government Pauses Local Authority Reorganisation for Legal Review
UK Public Borrowing Reaches £1.8 Billion in July, Adding Pressure Before Autumn Budget
Chancellor John Healey Puts Regional Devolution and Fiscal Discipline at Heart of UK Growth Plan
Counter-Terrorism Police Lead Salford Investigation After Two Teenagers Charged
UK Rejects Financial Reparations for Transatlantic Slavery
UK and Egypt Step Up Diplomacy Over Escalating West Bank Tensions
UK Pauses Council Reorganisation Across Four English Counties
Jaguar Land Rover Plans 4,000 Job Cuts in Major UK Restructuring
UK Unveils Planning and Regulatory Overhaul to Speed Infrastructure and Economic Growth
University of Bristol Opens £500 Million Innovation Campus
Families Give Evidence to Independent Review of Sussex Maternity Failures
Sweden Confirms Deportation of 458 British Citizens Over Post-Brexit Residency Rules
UK Launches £3 Million Challenge for Long-Duration Energy Storage
Reform UK Proposes £100 Billion in Spending Cuts and Brownfield Deregulation
Andy Burnham Warns Macron That EU Procurement Rules Could Hurt British Steel
Andy Burnham Faces Major Decision on Future North Sea Oil and Gas Drilling
SEND Support in England Projected to Reach One in 10 Pupils
England’s Housing Courts Struggle With Surge in No-Fault Eviction Cases
Violent Clashes Erupt in Portsmouth During Protest Against Asylum Processing
Three-Quarters of NHS Emergency Staff Report Regular Violence or Aggression
UK Considers Converting Female Prison Space for Male Inmates as Overcrowding Worsens
UK House Prices Record First Annual Decline in Nearly Three Years
UK Government Reassesses Policy Toward Israel Amid Calls for Diplomatic Shift
Reform UK Faces Police Scrutiny Over Alleged Foreign Donations Scheme
University of Bristol Opens £500 Million Temple Quarter Enterprise Campus
Online Bookmakers Accused of Privacy Breaches Through Cookie Consent Practices
Health Campaigners Urge UK Government to Abandon U.S. Pharmaceutical Agreement
Three-Quarters of UK A&E Staff Report Regular Violence or Aggression
Far-Right Demonstrations Target Portsmouth as Small-Boat Crossings Fuel Tensions
UK Records Hottest Summer on Record After Severe Heatwaves
UK Travellers Face Renewed EU Border Delays as Temporary Flexibility Ends
×