Home » Business » Indictment against Pierin Vincenz – A frightening moral painting Indictment against Pierin Vincenz – A frightening moral painting November 8, 2020 by world today news Looking the other way, complicity and hasty obedience: the indictment against the former head of Raiffeisen Switzerland does not cast a good light on the bank, the lawyers involved and the financial market supervisory authority. – Arthur Rutishauser Posted today at 23:00— – The process will soon begin: The former Chairman of the Board of Directors of Raiffeisen Switzerland, Pierin Vincenz. Photo: Gian Ehrenzeller (Keystone) The indictment against Pierin Vincenz and his advisor Beat Stocker is 356 pages long. She demands, that Stocker and Vincenz have to go to prison for six years and together will repay 25 million francs. If what the public prosecutor’s office writes is true, then the prosecution shows a frightening morality of the third largest Swiss bank. It was characterized by looking the other way, complicity and hasty obedience. Not only within the bank, but also with the attorneys and the financial market supervisory authority (Finma). It is the presumption of innocence. To read this article in full, you need a subscription. — Related posts:Börse Express - circles: Commerzbank ahead of further savingsTaxes and flat rates: how to fill in the income model to get the 35% discountBelgium is working on new messaging app for communication with citizens - IT Pro - NewsAnother startup crash also due to covid. Genster.cz ends, investors write off millionsShare this:FacebookX Related Winning in Pennsylvania, Biden earned 284 Electoral Vote New York begins to live again – “Today is the day when we start to get rid of this disease” Leave a Comment Cancel replyCommentName Email Website Save my name, email, and website in this browser for the next time I comment. Δ This site uses Akismet to reduce spam. Learn how your comment data is processed.