Swiss politician files criminal complaint against Credit Suisse - Russian Oligarchs

[Martin Everson]

Hummmmmm...full article in link below

https://www.msn.com/en-us/news/worl...al-complaint-against-credit-suisse/ar-AAUCvvc

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ZURICH, March 4 (Reuters) - A Swiss member of parliament has filed a criminal complaint against Credit Suisse, he told Reuters on Friday, asking the country's attorney general to investigate potential sanctions violations after the Financial Times this week reported the bank had asked investors to destroy documents linked to loans to Russian oligarchs.

The Financial Times reported on Wednesday that Credit Suisse had asked hedge funds and other investors to destroy documents relating to its richest clients' yachts and private jets. The report cited three individuals whose firms had received the request, and linked the request to an attempt to "stop information leaking about a unit of the bank that has made loans to oligarchs who were later sanctioned".

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[KDX]

Credit Suisse... who else would it be?

 

[Golden Fleece]

You would think that the Swiss government would eventually take action against these clowns. I cannot think of another bank that is more worthy of being broken up for the good of a nation.

 

[kkein]

How about ukrainian ones too? like the one behind the comedian that has been put even under the lens and sanctions of US gov? U.S. Sanctions Key Ukrainian Oligarch (Published 2021)

According to Gonzalo, he's in Switzerland.

 

[Martin Everson]

You would think that the Swiss government would eventually take action against these clowns. I cannot think of another bank that is more worthy of being broken up for the good of a nation.

This is what I expect to happen. It's long overdue and seems even some in Switzerland are tired of the bank and its practices. If these allegations are true and they are helping wealthy Russian clients evade sanctions then the banks name should be consigned to history. Cause lets be honest CS would earn healthy income providing funding for those yacht purchases.

 

[Golden Fleece]

Credit Suisse Found Guilty of Cocaine Money Laundering​

Switzerland's Federal Criminal Court convicted Credit Suisse and a former employee of failing to prevent money-laundering in Switzerland's first criminal trial of one of its major banks.

The judges were ruling on whether Credit Suisse and the former employee did enough to prevent an alleged Bulgarian cocaine trafficking gang of laundering profits through the bank from 2004 to 2008.

Both had denied wrongdoing.

The case — which included testimony on murders and cash stuffed into suitcases — is being followed closely in Switzerland, where it is seen as a test for prosecutors taking a potentially tougher line against the country's banks.

https://www.newsmax.com/finance/str...=DM348292_06272022&s=acs&dkt_nbr=010502xjfk4n

 

[KDX]

Credit Suisse Found Guilty of Cocaine Money Laundering​

https://www.newsmax.com/finance/str...=DM348292_06272022&s=acs&dkt_nbr=010502xjfk4n

Credit Suisse does it again!