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European Union: Europe lets CIA search bank records
Key Excerpts from Article on Website of Times of London
Posted: December 17th, 2009
http://www.timesonline.co.uk/tol/news/uk/crime/article694597...
The CIA is to be given broad access to the bank records of millions of Britons under a European Union plan to fight terrorism. The Brussels agreement, which will come into force in two months time, requires the 27 EU member states to grant requests for banking information made by the United States under its terrorist finance tracking programme. The EU said it had agreed that Europeans would be compelled to release the information to the CIA as a matter of urgency. The records will be kept in a US database for five years before being deleted. Critics say the system is lopsided because there is no reciprocal arrangement under which the UK authorities can easily access the bank accounts of US citizens. They also say the plan to sift through cross-border and domestic EU bank accounts gives US intelligence more scope to consult our bank accounts than is granted to law enforcement agencies in the UK or the rest of Europe. This weekend civil liberties groups and privacy campaigners said the surveillance programme, introduced as an emergency measure in 2001, was being imposed on Britain without a proper debate. Shami Chakrabarti, director of Liberty, said: The massive scope for transferring personal information from Europe to the United States is extremely worrying, especially in the absence of public debate or parliamentary scrutiny either at EU or domestic level.
Note: For reports from major media sources on erosion of privacy by governments and corporations, click here.