Was Rudolf Elmer an employee of Bank Julius Bär & Co. AG, Zürich yes or no? That is the key question of Head Judge Peter Marti he stated in his closing remarks!

If the answer is YES, Swiss Bank Secrecy Law can be applied suprisingly in the Cayman Islands accorrding to the judges. If the answer is NO, Swiss Bank Secrecy Law cannot be applied extra-territorially.

In a legal case of Rudolf Elmer against Bank Julius Baer & Co. AG, Zurich in order to stop a criminal proceeding against Bank Julius Baer & Co. AG, Zuerich and some of its directors in 2009 it declared in writing that

Rudolf Elmer was NOT an employee of Bank Julius Baer & Co. AG, Zuerich.
However, the well known lawyer of Bank Julius Baer & Co. AG, Zurich Dr. Kurt Langhard (Roesle Frick & Partner, Rechtsanwälte, Zurich) stated in the courtroom that in his view and the bank`s view Rudolf Elmer was an employee of Bank Julius Baer & Co. AG, Zurich.
Is this AGAIN the well known cherry picking of Switzerland or simply a professional lie to protect the interest of Julius Baer and Zurich`s Financial Industry by the Banks`lawyer Dr. Kurt Langhard? The attachment makes it crystal clear!