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Credit Suisse accused of spying on Greenpeace

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According to SonntagsZeitung, the bank Credit Suisse has been spying on Greenpeace.

Nearly three years ago, the environmental organisation thwarted security and disrupted the bank’s general assembly with a stunt aimed at shaming Credit Suisse for financing Energy Transfer, a company involved in the construction of the controversial Dakota Access oil pipeline running through reserves in the US state of Dakota. Greenpeace said the environmental risks were too high. Pipeline supporters claimed it would reduce emissions by taking oil trucks off the roads.

After this, Credit Suisse chief of staff Pierre-Olivier Bouée ordered the surveillance of former Greenpeace management board members Peter Goerke and Iqbal Khan and had the company spied on, according to SonntagsZeitung as reported by RTS.

SonntagsZeitung claims Credit Suisse had access to internal Greenpeace mails, which gave it advanced warning of protests. In addition, it appears the bank erected fake construction barriers outside certain buildings to help keep protestors at a distance.

When asked for comment a Credit Suisse spokesman said: “We do not comment on security issues.”

Tidjane Thiam, the bank’s CEO since 2105, was not personally involved in the organization of the general assembly or the surveillance, according to the bank.

Greenpeace itself had not noticed the infiltration and is now looking at the leak.

Some speculate that either President Urs Rohner or CEO Tidjane Thiam will soon be asked to leave the company.

Full story here
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Investec is a distinctive Specialist Bank and Asset Manager. We provide a diverse range of financial products and services to a niche client base in three principal markets, the United Kingdom, South Africa and Australia, as well as certain other geographies. Investec’s strategic goals are motivated by the desire to develop an efficient and integrated business on an international scale through the active pursuit of clearly established core competencies in the group’s principal business areas.
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