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Rediff.com  » Business » Now, WikiLeaks threatens to take down a big US bank

Now, WikiLeaks threatens to take down a big US bank

Last updated on: November 30, 2010 19:05 IST

Now, WikiLeaks threatens to take down a big US bank

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Whistle-blower website WikiLeaks plans to release hundreds of thousands of internal documents related to a major American bank early next year, according to a media report.

In an interview with Forbes magazine earlier this month, WikiLeaks Founder Julian Assange said a "mega leak" related to a US bank will be put up on its website.

"It's not as big a scale as the Iraq material, but it's either tens or hundreds of thousands of documents, depending on how you define it," Assange said.

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Image: Julian Assange.

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Without disclosing specific details, he said the leaked documents would be hosted on the WikiLeaks website early next year and would be related to a big American bank.

In reply to a question on what he hoped to achieve by making the leaked documents available in the public domain, Assange said, "It will give a true and representative insight into how banks behave at the executive level in a way that will stimulate investigations and reforms, I presume."

Assange compared the leaked documents of the US bank to the emails that were revealed after the collapse of US energy major Enron.

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Image: WikiLeaks screen grab.

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"There's only one similar example. It's like the Enron emails... When Enron collapsed, through court processes, thousands and thousands of emails came out that were internal and it provided a window into how the whole company was managed," he added.

Assange said that WikiLeaks is also in possession of unprocessed information on pharmaceutical companies, besides "some material on spying by a major government on the tech industry. Industrial espionage."

WikiLeaks has already started releasing thousands of highly-confidential US diplomatic communications.


Image: US flag.

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