Swiss federal prosecutors said on Thursday they had opened a criminal investigation of Geneva-based Banque Cramer & Cie as part of a wide-ranging corruption probe surrounding Brazilian state oil company Petrobras and construction firm Odebrecht.
“The (Office of the Attorney General) suspects a lack of internal organisation of the bank that would not have allowed it to prevent the commission of the offence of money laundering,” the agency said, confirming a report by online site Gotham City.
Banque Cramer declined to comment.
The Swiss Attorney General’s office said it had around 40 criminal proceedings pending in the Petrobras-Odebrecht affair, of which three are against financial institutions in Switzerland.
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(Photo: REUTERS/Sergio Moraes)