Swiss Supreme Court Approves Lifting Of Banking Secrecy by Ulrika Lomas, for LawAndTax-News.com, Brussels 19 October 2004 The Swiss Supreme Court on Friday approved the overriding of the country's banking secrecy laws in order to provide the US authorities with information regarding the financial activities of a Saudi computer expert with suspected terrorist links. According to the Associated Press, the Swiss court alleged that the Idaho-resident expert (thought to be Sami Omar Al-Hussayen) used bank accounts in Switzerland and the United States to launder cash for the Islamic Assembly of North America. The Assembly has been accused of using the internet to incite anti-US violence and to recruit volunteers for acts of terrorism, the AP revealed. .

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