Swiss banker placed in custody

Former Swiss banker Rudolf Elmer, who was found guilty of breaching bank secrecy laws over his transfer of client data to the online website Wikileaks, has been remanded in custody, reports said yesterday. The former chief operating officer at private bank Julius Baer's subsidiary in the Cayman Islands was detained on Saturday because he risks destroying evidence, his lawyer Ganden Tethong Blattner told ATS news agency. Elmer plans to appeal against Wednesday’s court decision that found him guilty of handing over secret files.