Whistleblower of the Week

Trevor Kitchen: The Follow Up


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In this episode, FBI whistleblower Jane talks with Trevor Kitchen, who blew the whistle on currency manipulation. Kitchen expressed that he was in a “very serious situation” and that “nowhere in the EU is safe” for him and his wife because of an arrest warrant. These fears would ring true when, on April 21, Kitchen was detained by Dutch officials at Schiphol Airport while he and his wife were attempting to travel. His detention occurred a mere week after this podcast episode was recorded. Fortunately, Kitchen was released on May 4 and told WNN he will be preparing a statement and catching up on much-needed sleep in the coming days.

Kitchen blew the whistle in 2011 after he noticed that his pension of 700,000 Swiss francs lost all of its value. He “exposed a scheme in which a major currency trader and several banks in multiple countries colluded to lower the values of the U.S. dollar and the British sterling pound for their own financial gain,” prior WNN reporting states. He was arrested in Portugal on January 19, 2021, on a European arrest warrant, which accused him of “crimes against personal honor, violation of privacy and threats,” according to the Whistleblower of the Week profile featuring Kitchen. On June 9, 2021, a Court of Appeals in Portugal ruled against a Swiss request for Kitchen’s extradition.

During this podcast episode, Kitchen starts off his story with what happened to him after he left the island of Madeira after winning the Swiss extradition case. He talks about what happened with the arrest warrants and criminal proceedings against him; he also describes basically living off the grid on his Swiss pension, without healthcare and too afraid to travel and visit family.

 He tells Turner about his background in the financial industry and describes what exactly he blew the whistle on – and the way he went about it. Kitchen discusses how even though the disclosures about the currency manipulation led to financial sanctions against the banks involved, none of the whistleblowers involved, including Kitchen, got one cent. He sets the record straight on what he was raising concerns about and how his faith in regulators has been shaken. Additionally, Kitchen talks about the severe repercussions he has had to face due to his whistleblowing, how currency manipulation affects the average person, and continuing his whistleblower fight for over 11 years.

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Whistleblower of the WeekBy Jane Turner

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