Cayman: Elmer’s allegations

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Ruedi Elmer's allegations against his former employers Julius Baer in Cayman feature in the Guardian today.

Ruedi admits to having made mistakes in his campaign.

Clearly he's a whistleblower with data he should not possess.

But he's a man who has put principle ahead of personal gain: a bit like Paul Moore whose own action in doing so in the UK banking system has suddenly become very relevant.

I admire what Ruedi has done: even if some in Cayman never break the law he adds clear evidence to support that falling out of UBS day by day that shows that some banks seem to have been knowingly engaged in nefarious activity, which is what I have always said.