Credit Suisse says it shut Ai Weiwei account due to missing paperwork

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Credit Suisse closed a bank account of dissident Chinese artist Ai Weiwei because of missing paperwork, it said on Saturday, responding to his accusation that the Swiss bank had shut him out as part of a strategy to win business in China.

The logo of Swiss bank Credit Suisse is seen at a branch office in Zurich, Switzerland, November 3, 2021. REUTERS/Arnd WIegmann/File Photoclosed a bank account of dissident Chinese artist Ai Weiwei because of missing paperwork, it said on Saturday, responding to his accusation that the Swiss bank had shut him out as part of a strategy to win business in China.

"The termination of the client relationship was justified by business reasons," it added, confirming an earlier report in Swiss newspaper Tages-Anzeiger. "So why was Credit Suisse using my 'crime' as its reason to terminate my bank account? Not long ago the institution announced that it was accelerating its recruitment of employees in China," he wrote.

 

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Sounds good, no papers, no plastic, no credits, just Gold who did his job, time to retire!

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