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BoA bans WikiLeak transactions

Monday 20 December 2010 - by Andrew Hickley

Bank of America has become the latest company to ban transactions with WikiLeaks, as the whistle-blowing website prepares for a believed "megaleak" on a major US bank.

A BoA statement said: "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."

WikiLeaks founder Julian Assange, recently released on bail in the UK, has said the website is currently sitting on 5GB worth of information from an unnamed US bank executive, which will be published in January.

In an interview in October, Assange said the leak will "stimulate investigations and reforms" into how banks behave at the executive level, comparing the type of information to documents revealed following the collapse of energy company Enron.



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