Peter Wüst († 68), one of the defendants in the Raiffeisen case, died shortly before Christmas of severe dementia. This was reported by “NZZ am Sonntag”. Since his assets are frozen, his lawyers are arguing with representatives of Raiffeisen bank over contributions to hospital costs.
Wüst was seen as a key figure in connection with the investment vehicles of the main suspects, Raiffeisen and Aduno’s former bosses Pierin Vincenz (65) and Beat Stocker (61). They were released immediately after being detained. Wüst, on the other hand, had a great shock when he went to prison.
He has always denied all allegations
After that, his health went downhill. He lost his ability to speak and from the end of 2020 was no longer able to comment on the case in writing as “NZZ am Sonntag” continued. The former senior executive, who worked for Swissair and Valora, among others, has denied all allegations against him to the end.
According to the report, as his assets were frozen, the bereaved now has to file the costs of his funeral with the court, which Raiffeisen can appeal against. In the next few days, the 1,200-page first-instance court decision will be made public.
All parties have already filed an appeal. It is not yet known when the case in the High Criminal Court will be heard. (be)
Source :Blick

I’m Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor’s Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.