Executive Summary
The world community is besieged with many critical problems such as availability of small weapons which fuels civil wars, failed states, piracy, drug trafficking, racketeering and poverty; wrong economic policies, credit crunch and terrorism.
Unarguably, one of the greatest threats to human community at this time is terrorism- an inhuman act which can be committed by non-State actors and State actors alike. In reaction the world community is currently involved in wars on many fronts to root out terrorists and its supporting infrastructures.
One issue stands out in the sustainability of this world crisis. Terrorism is dependent on the circulation of illegal monies- which cannot not take place if there are no dirty financial institutions or channels to act as vehicles. Intelligence reports indicate that the war on terror is not holistic enough. In particular it indicates that the financial terrorism being perpetuated by a state such Switzerland, though subtle- but in terms of intensity and scope makes the greatest contribution to the sustainability of terrorism, and other world crisis.
The Swiss State knowingly supports and promotes financial terrorism as a State policy and it is the basis for her economic and security strategy. Over the years, it has built a reputation as a State-sponsored world centre for tax evasion, fraud accounting, money laundering for terrorist, racketeering, and above all, a staunch ally of corrupt third world leaders and a great beneficiary of third world corruption.
For so long, the powerless developing countries have been the victims of the Swiss State’s acts of terrorism. And in recent times, developed countries like the United States, Germany and France have protested loudly that the Swiss finance terrorism threatens their national security:
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The sad thing about the parasitic behaviour of the Swiss State is that it is supported by almost all the citizens of that country. The Swiss Bankers Association claims that four-fifths of the nation supports banking secrecy- ‘revealing a society deeply embedded in a culture of criminality and exploitation, where the illicit acts as a shield protecting the illicit in a terribly respectable manner’. The implication is that the Swiss State cannot be trusted on its own to act responsibly without the supervision of the international community. The international community can no longer afford to abdicate its responsibilities while the Swiss State dehumanises many more millions of people as it has done over a century.
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