Category: Office of the Attorney General of Geneva

Accused in Switzerland, Geneva manager is released in Spain in Gürtel case

Arturo Fasana, one of the directors of Rhône Gestion, is under investigation in Geneva for his involvement in the concealment in Switzerland of funds of former King Juan Carlos. In Spain, the manager has just been released from charges against him in another case. On his company’s site, Arturo Fasana is displayed with a serene …

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

Subscribe for unlimited access. Already a subscriber? Log in

Lire la suite

Bordeaux Winegrower kept 112 million in hidden Swiss accounts

The widow of a Bordeaux winegrower, a mysterious Luxembourg investment company, a “sophisticated and incomprehensible” financial arrangement and a lawyer with a murky role: this unusually complex case is now in the hands of the the Geneva Public Prosecutor’s Office. In a ruling handed down on 13 January 2020, the Federal Supreme Court decided to …

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

Subscribe for unlimited access. Already a subscriber? Log in

Lire la suite

Geneva probes ENI dealings around Congolese oil licences

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 of the Federal Criminal Court of Switzerland reveals money belonging to a person under investigation in Italy has been seized in a Swiss bank. Prosecutors in Milan, who are investigating how the …

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

Subscribe for unlimited access. Already a subscriber? Log in

Lire la suite

PDVSA: US investigates embezzlement of 4.5 billion dollars via Switzerland

In March 2018, the United States Department of Justice (DOJ) sent a request for legal assistance to Switzerland in connection with the PDVSA scandal. Stemming from that request, the Federal Supreme Court has revealed that the American investigation covers the misappropriation of more than 4.5 billion dollars “mainly through accounts opened in Switzerland”. In a decision made public on May 27, …

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

Subscribe for unlimited access. Already a subscriber? Log in

Lire la suite

Geneva trading company Bunge SA settles a 2.5 million internal fraud case

A former employee of Bunge SA trading company and two accomplices managed to siphon off 2.5 million francs of company money in a sophisticated fraud before being caught. The three men have since reached an agreement with Bunge to return the money, while the Public Prosecutor’s Office of Geneva opted for a suspended fine. The affair has ended rather …

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

Subscribe for unlimited access. Already a subscriber? Log in

Lire la suite