Former Julius Baer banker Rudolf Elmer, accused of breaching Swiss banking secrecy laws by handing over confidential data to WikiLeaks in 2007, has been found guilty by the Swiss court but escaped jail term.

Elmer was given a suspended fine of CHF16,800 ($19,397) under a system that allows Swiss courts to convert prison time into a financial penalty.

The Zurich district court said that if Elmer commits a crime in the next three years, he may have to pay the fine.

Prosecutors had demanded Elmer a three and a half years of prison sentence.

The court found Elmer guilty of the charges relating to 2008 but didn’t find sufficient evidence on charges for allegedly giving WikiLeaks founder Julian Assange two compact discs during a news conference in London.

The court said it could not prove that the information on the discs was truly secret.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Elmer’s lawyer Ganden Tethong said she was appealing the judgment along with an earlier sentence in a related case.

Elmer said that he was unhappy with the verdict, and added the judge in his case failed to consider many aspects his lawyer raised.

The trial of Rudolf Elmer resumed rarlier this monthafter he collapsed outside the courtroom in Zurich in December 2014.