How Credit Suisse Fired Ai Weiwei

SEEN FROM ELSEWHERE – The dissident denounces the closure of his foundation’s account. In Geneva, the banking community explains these evictions of “sensitive” customers.

By Pierre-Alexandre Sallier (La Tribune de Genève)

What are the reasons that led Credit Suisse to close the account of the foundation of Ai Weiwei, a symbol of opposition to the Beijing regime? The famous artist, who now resides in Portugal, indicates in a note written on Monday on the Artnet site that the bank called him on June 24, citing a “new policy of closing all accounts related to people with criminal records“. She then gave him until September to get his money back.

However, he denies having ever been sentenced in China, where he suffered “classic persecutions reserved for political opponents“. Now 64, the sculptor – who had collaborated in the design of the Olympic Stadium for the Beijing Games in 2008 by Basel architects Herzog & De Meuron – fell out of favor in 2011, before being imprisoned for nearly three month. This corruption slayer was finally allowed to leave

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