The indictment accuses the former head of GPBS and three other employees of negligence in financial transactions.
In concrete terms, the suspects would have had a business relationship with the Russian cellist and conductor Sergei Roldugin from 2014 to 2016, although they should have realized that he was not the actual owner of the million-dollar fortune. Roldugin is considered a confidant of Vladimir Putin.
Illegal dealings with offshore companies
In October last year, the GPBS announced it would stop operating. In 2016, she was targeted by Swiss financial market regulator Finma. According to media reports on the “Panama Papers”, the GPBS was allegedly involved in illegal transactions with offshore companies.
The four suspects will demand acquittal, GPBS lawyer Andreas Meili announced. Banking regulator Finma declined to comment on the proceedings when asked. (sda)
Soource :Watson
I am Amelia James, a passionate journalist with a deep-rooted interest in current affairs. I have more than five years of experience in the media industry, working both as an author and editor for 24 Instant News. My main focus lies in international news, particularly regional conflicts and political issues around the world.
