Bank says no Marcos accounts

Bank says no Marcos accounts

GENEVA (AFP): Swiss bank Julius Baer denied Tuesday having any accounts linked to the funds of deposed dictator Ferdinand Marcos following claims by a U.S. lawyer.

Lawyer Robert Swift has accused Julius Baer of laundering many millions of dollars of gold for the Marcos family and said Tuesday that current Philippine President Fidel Ramos held an account at the bank.

Swift told reporters that information on Ramos' Swiss account was contained in a memorandum he submitted to a hearing on Marcos' wealth in Swiss banks.

"We have no such accounts. We have nothing to do with this affair," Julius Baer spokesman Jan Bielinski told AFP Tuesday, adding that he was not commenting on the specific case of Ramos but on the "entire affair".