Saudi Press

Saudi Arabia and the world
Friday, Aug 21, 2026

Credit Suisse leak reportedly shows dictators, pop star’s killer among clients

Credit Suisse leak reportedly shows dictators, pop star’s killer among clients

A massive leak at Credit Suisse has reportedly revealed that the bank counts dictators, a political crony who paid a hitman to kill his pop star girlfriend, and a drug trafficker among its clients.

The Zurich-based lender, which manages assets totaling $1.77 trillion, was targeted by a whistleblower who leaked information on its accounts to German newspaper Sueddeutsche Zeitung.

The newspaper shared it with the Organized Crime and Corruption Reporting Project and 46 other news organizations including the New York Times, Britain’s Guardian and France’s Le Monde.

The Panama Papers-style investigations published Sunday revealed that some of the world’s worst war criminals used Switzerland’s notoriously strict privacy laws to hide vast sums of money.

These funds were reportedly pillaged from their respective countries, most of them in the developing world.

Ferdinand and Imelda Marcos, the Filipino ruling couple who are believed to have stolen as much as $10 billion from public coffers during their reign, were helped by the bank to hide the funds, according to the Guardian.

The Swiss lender also helped Ferdinand and Imelda Marcos steal billions of dollars during their 20-year reign over the Philippines, according to documents leaked by a whistleblower.
Cronies of the late Egyptian dictator Hosni Mubarak opened several accounts with Credit Suisse where they hid hundreds of millions of dollars, according to documents.
Jordan’s King Abdullah, who rules over one of the world’s most impoverished countries, is believed to hold hundreds of millions of dollars in several Credit Suisse accounts.

A lawyer convicted of helping Marcos launder money in 1992 was still able to open an account with Credit Suisse around eight years later, according to the report.

The lawyer, Helen Rivilla, and her husband, Antonio, held around $5 million with the bank before their accounts were closed in 2006.

The sons of the late Egyptian dictator Hosni Mubarak, who ruled the country for three decades until he was forced out of office in 2011, reportedly stashed more than $187 million in a joint account managed by Credit Suisse.

A Mubarak crony, Egyptian billionaire Hisham Talaat Moustafa, was allowed to keep an account as recently as 2014 even though he had been convicted of paying $2 million to a former cop in order to kill his girlfriend, the Lebanese pop star Suzanne Tamim, according to the investigation.

The singer was found decapitated in her Dubai apartment in July 2008.

Lebanese pop star Suzanne Tamim was murdered in 2008 by her boyfriend in Dubai.
Credit Suisse said the allegations are “predominantly historical” and that “the accounts of these matters are based on partial, inaccurate, or selective information taken out of context.”

Jordanian King Abdullah and his wife, Queen Rania, the monarchs who rule over one of the poorest countries in the world, opened as many as six accounts with Credit Suisse. Just one account is believed to hold an estimated $245 million.

Credit Suisse said in a statement that it “strongly rejects the allegations and insinuations about the bank’s purported business practices.”

Credit Suisse said the allegations are “predominantly historical” and that “the accounts of these matters are based on partial, inaccurate, or selective information taken out of context, resulting in tendentious interpretations of the bank’s business conduct.”

The bank said it had reviewed a large number of accounts potentially associated with the allegations, and about 90% of them “are today closed or were in the process of closure prior to receipt of the press inquiries, of which over 60% were closed before 2015.”

Sueddeutsche Zeitung said it received the data anonymously through a secure digital mailbox over a year ago. It said it’s unclear whether the source was an individual or a group, and the newspaper didn’t make any payment or promises.


Newsletter

Related Articles

Saudi Press
0:00
0:00
Close
Cristiano Ronaldo and Georgina Rodríguez Sign Prenup Protecting Their Separate Fortunes
Google Launches Pixel 11 With Gemini AI at the Center of Its Hardware Strategy
Turkish Parliament Passes Landmark Bill Granting Conditional Amnesty to Disarmed PKK Members
Jorge Messi, Lionel Messi’s Father and Longtime Agent, Dies at 68
AI’s Next Bottleneck Is Power, Not Just Nvidia Chips
Meta Raises AI Spending Target to as Much as $145bn Despite Pressure Over Returns
Joe Biden’s Cancer Has Spread Beyond His Bones, Hunter Biden Says
Why 2027 Could Be a Strong Year for Stocks—and Why the Forecast Is Fragile
Why Markets May Look Quiet in August After Big Tech Earnings
Trump’s Top General Seeks an Exit Strategy From Iran War, Report Says
Brock Lesnar Retires From Wrestling, Closing a Career of Rare Athletic Range and Lasting Controversy
UFO: Pentagon Releases Video of Unidentified Object Tracked Over Middle East
Ukraine Tells Senate Republicans Its Drone War Offers a Blueprint for America
Weight-Loss Drug Boom Tests the Limits of Prescription Advertising Rules
Saudi Arabia, Turkey and Pakistan Sign Mutual-Defence Pact
AI Is Remaking the US Economy, From GDP Growth to iPhone Prices
A SpaceX Rocket Is About to Crash Into the Moon — and Scientists Hope to Watch
Modern Slavery Decisions Broaden the Al Fayed Inquiry’s Frame
FIFA’s Retreat Leaves a Larger Question Over Who Guards the Game
Finland Deploys Commercial-Scale Thermal Batteries Using Crushed Rock to Store Renewable Grid Energy
Valued at $109 Million: F-35B Fighter Jet Crashes in Southern California
US Says It Has Carried Out Heavy Strikes on Iran After Attempted Attacks on Its Forces
Over 24 Hours in the Air: Qantas Airbus Completes Record-Breaking Test Flight
Arrest Warrant Issued in Lebanon for Tycoon Spotted Meeting Netanyahu in Washington
Trump says Israel ‘would not survive’ without US
Nvidia Reportedly Takes Vast Texas Data-Centre Lease to Underwrite AI Expansion
FIFA’s Private-Investment Plan for World Cup Rights Draws European Revolt
Following OpenAI's Cyberattack: 'Most Companies Still Do Not Understand What Is Coming'
OpenAI Sued After ChatGPT Allegedly Discouraged Emergency Care Before Near-Fatal Embolism
Miliband Sets Climate and International Law at Centre of UK Diplomacy
Pentagon Discloses Nearly 100 US Troop Injuries During Renewed Iran Fighting
Trump Readies New Tariffs as Temporary Global Levy Nears Expiry
High Prices Push Coffee Drinkers Toward Whole Beans and Home Brewing
Trump Draws Boos and Podium Scrutiny at Spain’s World Cup Triumph
Spain Defeats Argentina in Extra Time to Win Second World Cup
Turkey Explores S-400 Transfer to UAE in Bid to Rejoin F-35 Program
US Retaliates Against Iran After Two American Troops Killed in Jordan
Proposed U.S.-Saudi Nuclear Pact Could Permit Limited Uranium Enrichment Under International Safeguards
Why Kentucky Fried Chicken Became KFC—and Why the False Explanations Persist
Iran Claims It Destroyed Bahrain’s Main Artificial Intelligence Center in Missile and Drone Strike
Ukrainian Drones Strike Wildberries Warehouses Deep Inside Russia
Reported CIA Mission Helped Clear the UAE’s Path to Advanced US AI Chips
Artificial Intelligence Capital Fuels Markets While Governments and Regulators Face Mounting Strategic Tests
China’s Moonshot’s Kimi K3 Narrows the Gap With Anthropic Through Scale, Openness and Lower Cost
Gold and Cash Seizure Puts Indonesia’s Senior Anti-Corruption Prosecutor Under Investigation
The Ledger Will Not Trust on Faith
Passenger Bound for Germany Refused to Sit Beside a Woman on a Plane — Then Slapped a Flight Attendant
Ukraine’s Leadership Rift Spills Into the Streets as Protesters Target Army Chief
The Ten World Cup Finals That Defined Football History
Smartphones Are Getting More Expensive, Sales Are Collapsing, and Even Apple Admits: "Prices Will Rise"
×