Credit Suisse fires investigators working on the bank’s ties with the Nazi regime
Credit Suisse has fired Neil Barofsky, a former U.S. federal prosecutor, and Ira Forman, former U.S. Special Envoy for Monitoring and Combating Anti-Semitism, from investigating the bank’s ties to Nazi officials.
World Jewish Congress Executive Vice President Maram Stern has stated: “The World Jewish Congress is troubled by Swiss banking giant Credit Suisse’s firing of Neil Barofsky and Ira Forman, who had been retained by the bank as independent ombudsperson and independent adviser, respectively. Both were tasked with investigating allegations that Credit Suisse had previously undisclosed ties with German Nazi officials and had serviced accounts held or controlled by such persons.
Given the Swiss bank’s repeated assurances over the past several decades that it was committed to full transparency in regard to its activities during and after World War II and the Holocaust, we are deeply disappointed that Credit Suisse abruptly fired these two highly respected individuals, who had worked to create a comprehensive report detailing the bank’s shortcomings.
We call on Credit Suisse to immediately reinstate Mr Barofsky and Mr Forman and to give them its full cooperation in completing their assigned task. Anything less will put the bank’s good faith into question.”
