and rudolph, elmer knows why he once had a job job at traditional private bank julius bear. but later came to international renown as a wiki leaks whistleblower and critic of the world's financial sector in this might be guilt. angelique. the reason why oligarchs invest a lot of money in swiss banks is protection. they get from the secrecy laws, which are rigid and strength. ultimately, it's a system supported by the government and the courts because it's a huge source of revenue for the swiss state all mcclellan who then tried to stop, but pressure has been mounting on switzerland since rushes invasion of ukraine, which is probably why the country is supporting the sanctions against russian oligarchs. ideally, they'd be denied access to their assets. here to all of emma is skeptical the some tell them what the boss was were hesitant about introducing the sanctions that gave the oligarchs enough time to move their assets. plus, switzerland has a long history of consuming schemes and practices. the beneficial owner is so obscured out via came entrusts, and companies, or what

the measures have a big impact on oligarchs, former swiss banker and wiki leaks. whistleblower rudolph. elmer says he has serious doubts to re she's one of the world's most expensive places and that's no small part you to russian. oligarchs. happy to invest their money here. rudolph, elma, used to be a tough banker at the venerable, it's very spank you leo spare. today he is a critic of these financial institutions who came to international prominence as a wiki leaks whistleblower in this right. on the lake, while a lot of money is invested in switzerland because banking secrecy protects the oligarchs. we have a strict secrecy law guy, me how to because it's the government politicians and the judiciary support this often because it is a huge source of income for this with a date for you, then try to stop rushes, brutal war against ukraine has put world wide pressure on switzerland to respond. it's likely one of the reasons why the government here has backed the sanctions saying russian oligarchs should no longer be able to access their assets here. but elmer is skeptical until we'll leave. i'

transaction business has become even more lucrative all day due to the sanctions of contact on rudolph elmer now lives in seclusion near the ration. but he hasn't stop criticizing switzerland's, financial institutions and authorities. he's demanding strict laws for better monitoring of the financial center. but so far says he see no willingness in the government to take action. and let's get more on that story. i've been speaking to your rock call, who's president of the european school of management and technology s m t, berlin. i asked him how surprising it was that switzerland had joined the you in sanctioning russia. the fact that switzerland joined be just representing the overall observation that we have at this point of time, that there's such a strong unified approach across west and countries that no one could escape. and in particular, we've seen in the past, but any bag that 5 weeks have paid. so convent sanctions has been penalized heavily by, in particular us authorities. so therefore, it might be a little bit surprising, but in light of your development and also in light of wha