UBS financing Nuclear weapons with Nazi Gold

Recent bipartisan investigation by the U.S. Senate Budget Committee has revealed new extensive evidence of previously undisclosed Nazi-linked accounts at Credit Suisse, spearheaded by Senators Chuck Grassley (R-IA) and Sheldon Whitehouse (D-RI), and long-standing pattern of obstruction by the bank to an independent forensic review conducted by AlixPartners Ltd., with oversight from Independent Ombudsperson Neil Barofsky. Facing accusation for being in the top 30 investors in nuclear weapons, UBS, the largest wealth management bank in the world recently acquired Credit Suisse, whose nazi heritage was unveiled by Pedro Filipuzzi and the Simon Wiesenthal Center. The final report on the investigation is expected to be released by 2026.

“From the beginning, the Senate Budget Committee’s bipartisan goal was to ‘leave no stone unturned’ in pursuit of justice for those wronged by Nazi atrocities. Our investigation has dug up more than just stones – we’ve found boulders. Credit Suisse hid additional evidence of Nazi ties for years, and even tried to conceal information from our congressional investigation. While the 118th Congress may be over, the work to shine light on the darkest corners of Credit Suisse’s history continues. Ultimately, it’s my hope to see these records preserved in a repository that researchers can reference to discover untold stories and future generations will learn from,” Grassley said. “I’m grateful for Senator Whitehouse’s partnership, the dedication of Neil Barofsky and his investigative team, and the newfound cooperation of Credit Suisse, under UBS’s leadership, for contributing to this ongoing effort to set the historical record straight.”

“Throughout this investigation, this Committee has been driven by a commitment to truth and justice for all who were victimized by Credit Suisse’s historical servicing of Nazi accounts, including Holocaust survivors and their families,” Whitehouse said. “I share Ranking Member Grassley’s commitment to leaving no stone unturned when it comes to investigating Nazis and their enablers in the pursuit of transparency and accountability. Our inquiry has already exposed new details about Credit Suisse’s servicing of Nazi clients and their enablers and has prompted UBS to take additional action to ensure a thorough review of all relevant records. As today’s update from Mr. Barofsky makes clear, UBS’s response to our investigation is already bearing fruit. I look forward to UBS’s continued cooperation, and I remain committed to ensuring that this investigation leads to a thorough and complete report from Mr. Barofsky.”