Audio By Carbonatix
The whistle-blowing website Wikileaks is suspending its publication of classified files.
Wikileaks said that it would focus instead on raising funds to ensure its future survival.
The announcement came after what the group called a blockade by US-based finance companies.
This followed its disclosure on the internet of hundreds of thousands of secret US government files and diplomatic cables.
Wikileaks founder Julian Assange said that since last December an "arbitrary and unlawful financial blockade" had been imposed by Bank of America, Visa, MasterCard, PayPal and Western Union.
"The attack has destroyed 95% of our revenue," he said.
The former computer hacker said the organisation had lost "tens of millions of dollars in lost donations at a time of unprecedented operational costs".
"A handful of US finance companies cannot be allowed to decide how the whole world votes with its pocket," he added.
Mr Assange said Wikileaks must "aggressively fundraise in order to fight back against this blockade and its proponents".
He said the group was taking pre-litigation action against the blockade in Iceland, Denmark, the UK, Brussels, the United States and Australia and had lodged an anti-trust complaint at the European Commission.
A Wikileaks spokesman, Kristinn Hrafnsson said its website would reopen for submissions of confidential documents on 28 November.
Norfolk farmhouse
Mr Assange is in Britain awaiting a decision by the High Court on the appeal against his extradition to Sweden to face sex assault charges.
After the hearing in July, judges did not give a date for their decision on Mr Assange's bid to overturn a judgment made in February.
He fears extradition to Sweden may lead to him being sent to the United States to face separate charges relating to Wikileaks, for which he could face the death penalty.
The Australian won bail in December and has been staying at Ellingham Hall, a 10-bedroom Norfolk farmhouse owned by Vaughan Smith, director of the Frontline media club.
His bail conditions include wearing an electronic tag and daily appearances at a nearby police station.
Mr Assange describes the allegations as "without basis".
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Western North NPP raises alarm over cocoa sector neglect, cites lack of funds and jute sacks
1 minute -
Government still owe IPPs over $700m in legacy debt — JoyNews Research
3 minutes -
Charge Ofori-Atta and stop the public commentary – Frank Davies tells AG
20 minutes -
NPP race: Massive turnout in Gushegu as delegates endorse Bawumia
24 minutes -
Ashaiman traders protest main market redevelopment, fear losing stalls and livelihoods
31 minutes -
Daily Insight for CEOs: The CEO’s role in strengthening goal setting and OKRs (Objectives and Key Results) across the Organisation
32 minutes -
Protect it, fix inefficiencies: BoG Governor on Gold-for-Reserves
37 minutes -
Ghana to host 2026 Africa Aquatics Championships in May
45 minutes -
IGP and Management Board tour police recruitment centres in Greater Accra to assess process
47 minutes -
BoG pushes back on IMF claims, says FX reforms are fixing not creating problems
52 minutes -
Stability came at a cost – BoG defends billions lost in Domestic Gold Purchase Programme
56 minutes -
Ofori-Atta’s lawyer slams AG over public disclosure of ‘inconclusive’ offshore probe
1 hour -
Retribution and Karma: Amanda Clinton links Ofori-Atta’s woes to 2018 banking sector collapse
1 hour -
Borderless Africa petition surpasses 10K signatures, campaign intensifies
2 hours -
QNET Ghana hosts New Year media soirée, unveils plans for bigger V-Africa event
2 hours
