Leading Taiwan Politician Had Secret Credit Suisse Account At Time Of Major Defense Corruption Scandal

Swiss, French and Taiwanese authorities investigating a corrupt $2.5 billion deal were not aware Credit Suisse had opened an account for the secretary general of Taiwan’s ruling party at the time kickbacks from the deal were being distributed. The middleman in the deal had Credit Suisse accounts at the same time as Soong, and later had almost $500 million frozen by Swiss authorities.