WikiLeaks founder Julian Assange gestures as he leaves Beccles Police station in Suffolk, England (REUTERS)

Bank of America cuts off WikiLeaks

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 the 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.

Several companies have ended services to WikiLeaks after the website teamed up with major newspapers to publish  thousands of secret US diplomatic cables that have caused  tension between Washington and some of its allies. 

"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. 

"Does your business do business with Bank of America? Our  advice is to place your funds somewhere safer," WikiLeaks said in a subsequent tweet. 

In a backlash against organisations that have cut off  WikiLeaks, cyber activists have been targeting companies seen  as foes of the website. 

WikiLeaks founder Julian Assange was released on bail this week from a jail in Britain, where he is fighting extradition  to Sweden over alleged sexual offenses. 

Assange, a 39-year-old Australian, said on Friday that he  was the target of an aggressive US investigation and feared  extradition to the United States was "increasingly likely". 

US Attorney General Eric Holder has said his government  was considering using the US Espionage Act, under which it  is illegal to obtain national defense information for the  purpose of harming the United States, as well as other laws to  prosecute the release of sensitive government information by  WikiLeaks.  

 

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