Investigator’s Guide to Switzerland

Investigator’s Guide to Switzerland

Investigator’s Guide to Switzerland
GIR looks at the intricacies of carrying out investigations in Switzerland as the country considers introducing deferred prosecution agreements to its enforcement arsenal and the Office of the Attorney General grapples with a scandal emanating from its Fifa investigation.

Investigator’s Guide to Switzerland

The Investigator’s Guide to Switzerland

GIR looks at the intricacies of carrying out investigations in Switzerland as the country considers introducing deferred prosecution agreements to its enforcement arsenal and the Office of the Attorney General grapples with a scandal emanating from its Fifa investigation.

Highlights

Switzerland opens corruption investigation into SBM Offshore

Swiss federal prosecutors are looking into allegations that Dutch oil company SBM Offshore failed to prevent corrupt payments over a seven-year period.

Swiss law makes foreign penalties tax deductible in “exceptional cases”

Experts say the deductions will apply only when companies can prove that the foreign penalty clearly does not serve the interests of justice.

Plea deal shows how SBM Offshore ex-CEO dodged prison in Switzerland

The former CEO of Dutch oil services company SBM Offshore admitted to overseeing close to $7 million in bribes paid to Angolan public officials during his time in charge and agreed to provide evidence against co-defendants.

Julius Baer to pay $80 million to settle Fifa investigation

Swiss bank Julius Baer said it has agreed in principle to a three-year deferred prosecution agreement with the US Department of Justice over its role in the Fifa corruption scandal.

Swiss prosecutors to return $40 million to South America in football corruption probe

Swiss prosecutors have seized $40 million in ill-gotten money linked to the ex-president and general secretary of South America’s football governing body.

Switzerland launches two PDVSA money laundering investigations

The Swiss Attorney General’s Office is investigating individuals over allegations of money laundering tied to Venezuela’s state-owned oil and gas company.

Swiss parliament closes impeachment proceedings against attorney general

Switzerland’s federal assembly will end impeachment proceedings against Attorney General Michael Lauber after he offered his resignation in July.

Swiss AG offers to step down over secret Fifa meetings

Swiss Attorney General Michael Lauber has tendered his resignation after a court partly rejected his appeal against allegations of breach of duty linked to the Fifa bribery investigation.

Switzerland names special prosecutor to investigate attorney general

The Swiss OAG’s disciplinary committee has appointed Stefan Keller as a special prosecutor to investigate Attorney General Michael Lauber over his alleged mishandling of the Fifa bribery probe.

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