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AI Weiwei: Credit Suisse closed bank account over China

6 pointsby throwmemoneyover 3 years ago

2 comments

throwmemoneyover 3 years ago
Leading Chinese dissident and artist Ai Weiwei has said he was told by Credit Suisse that his foundation&#x27;s bank account in Switzerland would be closed over his &quot;criminal record&quot; in China.<p>The activist, noted for architecture, sculpture and documentaries, has never been convicted of a crime.<p>Mr Ai, who left China in 2015 and now lives in Portugal, made the comments on website Artnet.<p>Credit Suisse told the BBC it did not comment on client relationships.<p>The contemporary artist famously designed the Bird&#x27;s Nest stadium for the 2008 Beijing Olympics, but ran into serious problems after he spoke out against the Chinese government. This saw him spend 81 days in prison in 2011.<p>In the Artnet article Mr Ai wrote that in spring 2021 he had received a &quot;surprising notice&quot; from Credit Suisse.<p>&quot;The bank informed me that it was terminating my account in Switzerland. They did this, they wrote, in accordance with a new policy of closing all accounts with people who have had criminal records. They believed (or pretended to believe?) that I had been convicted of a crime in China.<p>&quot;Just a bit of homework could have shown them that I was never formally charged, let alone convicted of a crime.&quot;
hkerover 3 years ago
related discussion: <a href="https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=28453256" rel="nofollow">https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=28453256</a>