The world of AML has changed out of all recognition over the last decade. Old crimes are subject to new laws, professional firms and financial institutions are subject to criminal sanctions and regulatory review as never before. Yet the individual client has virtually no say over what various national governments and their competing departments are doing to their rights and liberties in their name. This blog attempts to address the dilemma posed by the question “Quis custōdiet ipsōs custōdēs?”
Friday, 21 December 2012
Swiss Banker Jailed! But not for the reason you think!
The Daily Mail has today reported the result of an appeal by Swiss prosecutors.
A wealthy 65-year-old banker and wife took her wheelchair-bound 74-year-old husband from Zurich, Switzerland to India, ostensibly for the trip of a lifetime and then left him there!
The woman - who had been paying £6,000 a month in care bills - took her husband to a poverty-stricken suburb of New Delhi and paid a family £1,500 a month to take him in and then returned home. Now there's a woman who outsourced to max.
She argued in court that her husband would benefit from a "warm climate" where as her significant other was dead within 9 months of his arrival due to a "lack of care and poor hygiene".
But a prosecutor told a Swiss court court: 'Her act was the utterly cynical disposal of an old and disabled person to save money....he died alone in a strange land, without familiar faces around him and with no possibility of communication with his new carers.'
The woman, who can't be named for legal reasons, was initially jailed for six months after her first trial last year, but prosecutors successfully appealed the sentence and she was jailed for four years this week for kidnapping.
Given the the rampant immorality apparent callous disregard for everything but the money, one does wonder if she was a senior Swiss banker???
Source story here: Wealthy banker takes disabled elderly husband holiday lifetime
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