UBS reported as shareholder in company suppressing Uyghur Muslims in China
It’s being reported the Swiss bank UBS is a major shareholder in a surveillance company which is heavily involved with the suppression of the Uyghur minority in China.
The SonntagsBlick newspaper says UBS is Hikvision’s ninth biggest shareholder, despite the company’s involvement being public knowledge.
It has been blacklisted by the US Department of Commerce due to its role in surveillance of minorities.
UBS is refusing to comment – it says it doesn’t comment on client relationships.