Three years after the scandal, a Swiss bank was still processing PDVSA bribes

21 November 2019

An official from Venezuela’s state oil company PDVSA allegedly received bribes through a Swiss bank up to 2018, more than three years after the first American indictments… Lire la suite

Swiss attorney general’s office aims for “dynamic legal assistance”

15 November 2019

“The extent of money laundering in Switzerland is well known, and there is a strong risk depending on the sectors,” Patrick Lamon of the Office of the Attorney… Lire la suite

Swiss conviction for former Trafigura executive in Petrobras scandal

8 November 2019

Previously convicted in Brazil, Mariano Marcondes Ferraz, a Brazilian businessman who admitted paying bribes to a high-ranking employee of the Brazilian state-run oil company Petrobras, is… Lire la suite

Swiss Federal Police refuse to delete confidential report on Roman Abramovitch

1 November 2019

Russian billionaire Roman Abramovitch has demanded that the Swiss Federal Police (Fedpol) delete the information which led to the withdrawal of his application for Swiss residency in 2017.… Lire la suite

Swiss investigation targets J. Safra Sarasin bank in Petrobras scandal 

24 October 2019

The Office of the Attorney General of Switzerland has opened proceedings against Basel-based J. Safra Sarasin for “suspicion of internal organisational failures”. The federal investigation… Lire la suite

Geneva probes ENI dealings around Congolese oil licences

20 October 2019

The Public Prosecutor’s Office of Geneva has opened a money laundering investigation in relation to the activities of Italian group ENI in the Republic of Congo (Congo-Brazzaville). A recent judgement… Lire la suite

Former Morgan Stanley banker receives 30-month prison sentence in Switzerland

18 October 2019

A Swiss-based former employee of Morgan Stanley (Schweiz) AG in Zurich has to return to prison for 100 additional days. The man already spent 348 days in… Lire la suite

United States follows Swiss trail of bribes paid to Peruvian ex-president

11 October 2019

The United States Department of Justice has turned its attention to the financial dealings of Peru’s former president, Alejandro Toledo. Two Swiss banks and a law firm in Zug… Lire la suite