The Daily Caller

The Daily Caller
              Republican presidential candidate, former Massachusetts Gov. Mitt Romney, speaks at his South Carolina primary election night reception at the South Carolina State Fairgrounds in Columbia, S.C., Saturday, Jan. 21, 2012. Former House Speaker Newt Gingrich won the Republican primary Saturday night. (AP Photo/Charles Dharapak)
              Republican presidential candidate, former Massachusetts Gov. Mitt Romney, speaks at his South Carolina primary election night reception at the South Carolina State Fairgrounds in Columbia, S.C., Saturday, Jan. 21, 2012. Former House Speaker Newt Gingrich won the Republican primary Saturday night. (AP Photo/Charles Dharapak)   

Romney had Swiss bank account, but now closed

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.