Category: J. Safra Sarasin

Swiss investigation targets J. Safra Sarasin bank in Petrobras scandal 

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 of Swiss institutions involved in the Petrobras – Odebrecht corruption scandal, now in its famous “third phase”, has already targeted PKB Privatbank in Lugano. J. Safra Sarasin, controlled by Joseph …

Inscrivez-vous pour lire cet article. Déjà abonné? Connexion

Subscribe for unlimited access. Already a subscriber? Log in

Lire la suite

Company linked to Baez clan tries to recover undeclared funds in Switzerland

On September 4, 2019, the Federal Supreme Court made a ruling in a case involving a mysterious Panamanian company and CA Indosuez Suisse bank. Star Equities Holdings, whose administrators are connected to the Baez scandal in Argentina, claims to hold three accounts at Crédit Agricole Private Banking, with deposits totalling 1.3 million francs. The company said it asked for the accounts to be …

Inscrivez-vous pour lire cet article. Déjà abonné? Connexion

Subscribe for unlimited access. Already a subscriber? Log in

Lire la suite

ENI/Shell: contents of Geneva suitcase released to Italy and the Netherlands

A breakthrough for the authorities in Milan prosecuting the ENI/Shell case: the Federal Supreme Court of Switzerland has just authorised the handover to Italy of the contents of a suitcase belonging to Nigerian middleman Emeka Obi. The Netherlands also requested a copy of the documents contained in the suitcase, suggesting that the Dutch authorities are close to making a move against Royal Dutch Shell. Emeka Obi is accused of …

Inscrivez-vous pour lire cet article. Déjà abonné? Connexion

Subscribe for unlimited access. Already a subscriber? Log in

Lire la suite

Swiss attorney general closes case linked to SBM Offshore bribes

The Office of the Attorney General of Switzerland is preparing to close a criminal investigation for money laundering and corruption connected to the Lava Jato scandal in Brazil. The proceedings, opened against unknown persons in May 2014, involved, amongst others, Pedro José Barusco Filho, former director of engineering at Petrobras, and bribes paid by the Dutch oil services group SMB Offshore. The …

Inscrivez-vous pour lire cet article. Déjà abonné? Connexion

Subscribe for unlimited access. Already a subscriber? Log in

Lire la suite