After seeing Schindler’s List, Swiss bank guard rescues Holocaust-era records

By snatching 2 Swiss bank ledgers bound for the shredder in 1997, Christoph Meili helped the relatives of Jews murdered by Nazi Germany to recover $1.25 billion the Union Bank of Switzerland planned to keep for itself.
• The incident sparked a political crisis for Switzerland, financial disaster for Swiss banks and drove Meili into exile after receiving death threats.

By Reuters and Israel Hayom Staff

 

The Swiss night watchman who ignited a furor over Holocaust victims’ missing wealth two decades ago is now reliving the ordeal that involved his dream of becoming a hero after the example of Oskar Schindler turned into a nightmare.

Unlike Schindler, Christoph Meili saved no lives. But by leaking Swiss bank documents bound for the shredder, he helped Holocaust survivors and relatives of Jews murdered by Nazi Germany to win justice and recover more than a billion dollars.

Christoph Meili speaks to Reuters in Zurich on Thursday. – Photo: Reuters

Meili’s actions had a cost. His life remains marked by a media-driven ordeal that won him worldwide fame but forced him into temporary political asylum in the United States while touching off Switzerland’s worst crisis since World War II.

Now aged 50, Meili says he would do it all again, despite the cost of being expelled from Switzerland’s close-knit society, which traditionally values unity and conformity. Since returning home, nine years ago, he has chosen to live in relative obscurity as a part-time hardware salesman and quail breeder.

However, he recently re-emerged in the public eye this week thanks to a documentary film about Switzerland’s Holocaust-era bank accounts, released last week.

“I have enjoyed having a bit of quiet,” Meili told Reuters before the premiere in Zurich. “I don’t know exactly what will happen, but time heals.”

Meili leaked the documents in 1997, as Holocaust victims and their heirs launched a series of lawsuits against Switzerland’s secretive banks. The lawsuits sought assets that relatives had stashed in Switzerland for safekeeping as the Nazis came to power in Germany and fascist Axis powers surrounded the neutral country.

Swiss banks stonewalled, claiming there were few records remaining whereas subsequent searches by independent auditors found thousands, with some accounts depleted by years of fees and charges.

Meili, whose watchman’s job got him inside banks and insurers in Zurich, was aware of the reports and a Swiss government order to preserve bank records. On his rounds, he saw documents set aside to be destroyed but acted only after seeing Steven Spielberg’s movie about the industrialist Oskar Schindler who helped save Jewish factory workers in Nazi-occupied Poland.

He remembers thinking: “I was like Schindler, in the same situation. You could do something. These people need you.”

This thought steeled him to smuggle out two ledgers from Union Bank of Switzerland, now UBS, in January 1997, and turn them over to a local Jewish organization, which in turn took them to the police.

The resulting pandemonium rocketed the young husband and father into the public eye as scrutiny of Switzerland’s wartime past intensified, especially its refugee policy that turned away thousands of Jews, as well as the country’s purchases of looted gold from Nazi Germany.

Thousands of UBS-issued gold bars, melted down from World War II “unclaimed assets” deposited in the bank. – Photo: Swiss Banker, Wikimedia

Portrayed at first as a hero, Meili later faced death threats as a traitor for helping Jewish groups seek compensation from Swiss banks that ultimately agreed to settle U.S. lawsuits for $1.25 billion. Some Swiss citizens saw this as blackmail.

Thomas Borer, the Swiss diplomat who became the point man in the crisis, also attended Thursday’s film premiere. “Christoph Meili did the right thing when he discovered these documents and brought them to the authorities,” Borer told Reuters.

“Afterwards, unfortunately, due to his young age and innocence and inexperience, he was seduced,” said Borer, blaming Meili’s lawyer and U.S. politicians eager to capitalize on the scandal.

Meili described being promised $1 million for his help but said that soon dwindled amid personal turmoil. Lawyers took their cut, he was divorced twice, his investments soured.

Disillusioned with life in America where he became a citizen but never really took root, Meili returned home.

A devout Christian, Meili is married again and works three days a month selling drills at a do-it-yourself shop. He blames lingering Swiss malice for keeping him from obtaining a better job.

“We achieved a lot for the victims, but we also saw a lot of politics,” he said. “Lots of money, lots of politics.”

 

View original Israel Hayom publication at:
http://www.israelhayom.com/2018/08/19/bank-guard-who-saved-holocaust-era-records-relives-swiss-ordeal/