Bank of America stops handling Wikileaks paymentsDecember 19, 2010 - 16:03 AMT PanARMENIAN.Net - Bank of America has stopped handling payments for whistle-blowing website Wikileaks, joining several other major financial institutions. It said it acted because "Wikileaks may be engaged in activities that are... inconsistent with our internal policies for processing payments". In response, Wikileaks urged its supporters to stop doing business with the bank - one of the world's largest. MasterCard, PayPal and other companies earlier cut off Wikileaks' payments. The financial institutions acted after Wikileaks - together with several major media organizations - began publishing thousands of secret US diplomatic cables, causing tension between Washington and some of its allies, BBC reported. Wikileaks founder Julian Assange was earlier this week freed on bail in the UK while facing extradition proceedings to Sweden over sexual assault allegations. Mr. Assange, 39, dismissed the claims as part of a "smear" campaign. He also said he was worried about an attempt to extradite him to the United States, adding that Washington was conducting an "aggressive" and "illegal" investigation into him and the website.
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