Former Swiss Bankers Association Head Convicted of Bribery and Money Laundering
Pierre Mirabaud, the former chief of the Swiss Bankers Association, has been convicted of bribery and money laundering. The verdict marks a significant legal blow to the country's banking lobby.
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Former Swiss bank lobby chief convicted of bribery and money laundering
Pierre Mirabaud given two-year suspended jail sentence by Switzerland’s Federal Criminal Court over payments to Kuwaiti official
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On Tuesday the Swiss Federal Criminal Court found Pierre Mirabaud guilty of bribing foreign public officials and money laundering. The former president of the Swiss Bankers Association has been given a two-year suspended prison sentence. The Federal Criminal Court, which was trying the now-retired Geneva banker under summary proceedings, upheld the facts set out in the indictment by the Office of the Attorney General of Switzerland (OAG). After questioning Mirabaud, the Court read out the ope...
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