Credit Suisse Terminates Chinese Dissident's Account over 'Criminality'

Credit Suisse Terminates Chinese Dissident's Account over 'Criminality'

Credit Suisse is allegedly closing a bank account operated by the Chinese artist Ai Weiwei due to his alleged “criminal record,” despite the dissident saying he has never been convicted of a crime, Ai told Reuters in an article published Tuesday.

“Credit Suisse initially informed me that they had a new policy to terminate all bank accounts which are related to people with criminal records,” Ai told Reuters in an emailed statement.

The news agency did not disclose the correspondence date for Ai’s email, though he previously revealed in a blog post that Credit Suisse first contacted him in March regarding the termination of his bank account.

The Chinese national, who currently resides in Portugal, added that the Swiss bank “had been asked at the time to move the funds before September,” though Ai did not specify who had allegedly requested the action.

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