Elmer says he is releasing the information “in order to educate society”. The list includes “high net worth individuals”, multinational conglomerates and financial institutions – hedge funds”. They are said to be “using secrecy as a screen to hide behind in order to avoid paying tax”. They come from the US, Britain, Germany, Austria and Asia – “from all over”.
Clients include “business people, politicians, people who have made their living in the arts and multinational conglomerates – from both sides of the Atlantic”. Elmer says: “Well-known pillars of society will hold investment portfolios and may include houses, trading companies, artwork, yachts, jewellery, horses, and so on.”
Elmer says: “I agree with privacy in banking for the person in the street, and legitimate activity, but in these instances privacy is being abused so that big people can get big banking organisations to service them. The normal, hard-working taxpayer is being abused also.
Miss Nebraska, Teresa Scanlan, became champion of the 2011 Miss America pageant tonight. She has deep thoughts on foreign policy and radical transparency.
She won after strutting in a black bikini and a white evening gown, playing “White Water Chopped Sticks” on piano and telling the audience that when it comes to the website Wikileaks, security should come before public access to government information.
“You know when it came to that situation, it was actually based on espionage, and when it comes to the security of our nation, we have to focus on security first and then people’s right to know, because it’s so important that everybody who’s in our borders is safe and so we can’t let things like that happen, and they must be handled properly,” she said.