US lender cuts off WikiLeaks
Source: Agencies |
December 19, 2010, Sunday
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Print Edition
Print Edition
BANK of America was quoted as saying late on Friday that it was joining other financial institutions in declining to process payments to WikiLeaks, which has angered US authorities with a mass release of US diplomatic cables.
"Bank of America joins in the actions previously announced by MasterCard, PayPal, Visa Europe and others and will not process transactions of any type that we have reason to believe are intended for WikiLeaks," the bank said in a statement, quoted by McClatchy Newspapers.
No one at Bank of America was immediately available to comment.
WikiLeaks has said it will release documents early next year that will point to "unethical practices" at a major US bank, widely thought to be Bank of America.
"This decision is based upon our reasonable belief that WikiLeaks may be engaged in activities that are, among other things, inconsistent with our internal policies for processing payments," the Bank of America statement added.
WikiLeaks later issued a message on Twitter urging its supporters to leave the bank.
"We ask that all people who love freedom close out their accounts at Bank of America," it said on the social networking medium.
"Bank of America joins in the actions previously announced by MasterCard, PayPal, Visa Europe and others and will not process transactions of any type that we have reason to believe are intended for WikiLeaks," the bank said in a statement, quoted by McClatchy Newspapers.
No one at Bank of America was immediately available to comment.
WikiLeaks has said it will release documents early next year that will point to "unethical practices" at a major US bank, widely thought to be Bank of America.
"This decision is based upon our reasonable belief that WikiLeaks may be engaged in activities that are, among other things, inconsistent with our internal policies for processing payments," the Bank of America statement added.
WikiLeaks later issued a message on Twitter urging its supporters to leave the bank.
"We ask that all people who love freedom close out their accounts at Bank of America," it said on the social networking medium.
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