Test of Swiss Anticorruption Drive ; Prosecutors Want to Extradite a Former Yeltsin Aide Arrested Last Week in the US. Russia Objects

By Olson, Elizabeth | The Christian Science Monitor, January 23, 2001 | Go to article overview

Test of Swiss Anticorruption Drive ; Prosecutors Want to Extradite a Former Yeltsin Aide Arrested Last Week in the US. Russia Objects


Olson, Elizabeth, The Christian Science Monitor


Tarnished by repeated disclosures that dictators and crime kingpins were storing ill-gotten gains in its banks, Switzerland has been working to restore its reputation.

For more than a decade, this Alpine banking redoubt has taken steps - including establishing a federal office to track money- laundering and setting aside some of its famously strict bank- secrecy rules - to convince the world that it will no longer turn a blind eye to questionable activities. Those found with vast, suspect accounts include the late Nigerian dictator Sani Abacha and Peru's disgraced former intelligence chief, Vladimiro Montesinos.

Former Swiss attorney general Carla del Ponte, now UN chief war crimes prosecutor, won renown investigating alleged corruption. In recent years, a tough chief prosecutor in Geneva, Bernard Bertossa, has taken up the often bumpy crusade. The effort received a boost last week, when a former top Kremlin official was arrested in New York by federal agents acting on an international warrant issued here.

Pavel Borodin's detention set off an international diplomatic scuffle. Moscow has called on the US to free Mr. Borodin - who had come to attend President George W. Bush's inauguration.

Borodin, a one-time aide to former President Boris Yeltsin and benefactor to current President Vladimir Putin, denies any wrongdoing. Swiss officials say he has promised to return to Geneva to answer investigators' questions if the warrant is withdrawn. He is being held without bail pending a hearing set for Jan. 25.

The Swiss are watching carefully, to see how other nations support their efforts in the case. "This is a test of how serious the world is in tracking down corruption," says Carlo Lombardini, a Geneva lawyer who specializes in money-laundering cases. "The Swiss are serious; let's see if the Americans are serious. If Borodin is not extradited, it means that no one really cares about what happens here."

The Swiss have reason to be skeptical. As part of their effort, they have blocked more than $1 billion in suspect funds in recent years. Since most of the accounts involve foreigners, the Swiss - not infrequently - are forced to unfreeze them for lack of evidence from other nations that the money is the product of illegal activity.

The resignation last year of the entire federal money-laundering office - complaining about overwork and underpay - was a further blow to Switzerland's efforts. But the Swiss say they will press ahead because - economically and politically - Switzerland cannot afford to be seen as a haven for dirty money.

"Over the last 10 years, Switzerland has recast its anti-money- laundering laws by strengthening the penal code, self-regulation, and stepping up international cooperation. We recognize that no financial center can, in the long run, live off dubious monies," says James Nason, spokesman for the Swiss Bankers Association in Basel.

After a two-year investigation into alleged money-laundering and bribes involving renovations of Kremlin buildings, Swiss authorities were flummoxed last month when Russian officials announced they were dropping the inquiry because of insufficient evidence against Borodin. …

The rest of this article is only available to active members of Questia

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Buy instant access to cite pages or passages in MLA 8, MLA 7, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

(Einhorn 25)

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Note: primary sources have slightly different requirements for citation. Please see these guidelines for more information.

Cited article

Test of Swiss Anticorruption Drive ; Prosecutors Want to Extradite a Former Yeltsin Aide Arrested Last Week in the US. Russia Objects
Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Help
Full screen
Items saved from this article
  • Highlights & Notes
  • Citations
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

matching results for page

    Questia reader help

    How to highlight and cite specific passages

    1. Click or tap the first word you want to select.
    2. Click or tap the last word you want to select, and you’ll see everything in between get selected.
    3. You’ll then get a menu of options like creating a highlight or a citation from that passage of text.

    OK, got it!

    Cited passage

    Style
    Citations are available only to our active members.
    Buy instant access to cite pages or passages in MLA 8, MLA 7, APA and Chicago citation styles.

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

    1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

    Cited passage

    Thanks for trying Questia!

    Please continue trying out our research tools, but please note, full functionality is available only to our active members.

    Your work will be lost once you leave this Web page.

    Buy instant access to save your work.

    Already a member? Log in now.

    Search by... Author
    Show... All Results Primary Sources Peer-reviewed

    Oops!

    An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.