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WASHINGTON
(AP) -- Advisers to Republican presidential candidate Mitt Romney are
acknowledging that he once had a Swiss bank account but that it was closed in
2010 as prepared to enter the race for the White House.
The Swiss
account is listed on Romney's newly released 2010 federal income tax return. It
had been opened by a Boston lawyer who oversees the Romney family investments
and a blind trust containing millions of dollars in assets.
Romney's
net worth is estimated at as much as $250 million.
R. Bradlford
Malt, the trustee, said Tuesday that he closed the account in early 2010
because "it just wasn't worth it." He acknowledged that the account
might be inconsistent with Romney's political views. Malt has dropped other
investments that conflict with Republican Party views.
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