Switzerland: Swiss prosecutors investigate Banque Cramer over Brazil ‘Car Wash’ probe

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.

The original full article can be found at reuters.com

(Photo: REUTERS/Sergio Moraes)

Ready to find out more?

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top
Share via
Copy link
Powered by Social Snap