Categories: Opinion

Vincenz’s sentence overturned!: Today there are only losers

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The biggest economic process in decades is to be restarted due to “serious procedural deficiencies”. Pictured: Pierin Vincenz, court in Zurich in April 2022.
Ulrich RotzingerHead of Economic Department

To the starting point! The biggest economic process in decades is to be restarted due to “serious procedural deficiencies”. Guilty! Pierin Vinzents received 3 years and 9 months in prison. In fact, a clear and sharp verdict for the ex-star banker, convicted almost two years ago, among other things, of embezzlement, fraud and forgery of documents.

So now for an extra round. What a disaster for everyone involved! There are only losers here. For the main defendants, Pierin Vinzenz and Beat Stoker, the high court’s decision is no vindication. The alleged offenses do not expire due to delay. However, it will now take much longer to make a final, legally binding decision. Pierin Vincenza will be well into his 70s before he knows whether he will have to go to prison. His assets remain protected and funds will not be disclosed.

The overturning of the conviction on the grounds of “over-indictment” embarrassed the trio of prosecutors around Marc Jean-Richard dit-Bressel. Law professor Peter W. Koontz calls the letter “terrible.” Were the prosecutors’ egos too big and the facts too thin to formulate a more accurate indictment? Apparently, yes. The decision is also a slap in the face for the district court. He should have dismissed the indictment in a conversational tone instead of passing judgment casually and quickly.

The biggest loser today is the constitutional state. Such cases undermine trust and faith in judicial practice.

Pierin Vincenza case
Harsh judgment
Vincentz will have to go to prison for 3 years and 9 months!
The Supreme Court overturned the verdict
The most important questions and answers regarding the Vincenza case
In 2016, things went awry.
Chronology of the case of the ex-head of Raiffeisen Pierin Vinzenz
It will continue on Tuesday
Vinzenz’s trial in quick succession

Source: Blick

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