Swiss Post Chairman of the Board Urs Schwaller said on Monday that he was “shocked” at the amount of effort invested into manipulating accounts. There had been a long discussion about how far the consequences in terms of personnel must reach, but the board had concluded that it would “terminate cooperation with persons of special responsibility”. PostBus is a subsidiary of the Swiss Post.
Swiss Post CEO Susanne was first to go. According to Schwaller, she filed her resignation on Friday, after the board had announced her imminent dismissal. Ruoff said herself, in a statement on Sunday night, that she “naturally assumed overall responsibility”.
Individuals directly involved in the transfer system and those who failed to intervene despite having been given numerous indications of financial irregularities were also being dismissed, said Schwaller, citing the need for a new operational management team.
The Federal Office of Transport (FOT) had also informed the board in writing that the audits for the years 2016 and 2017 could not be approved.
“We need an open and self-critical Swiss Post in which we can place our trust again,” said Schwaller.
Transport Minister Doris Leuthard said on Monday in Bern that the events at PostBus were inexcusable, and that the affair had harmed the postal service and trust in public service in general.
The PostBus management has been under scrutiny since a regular FOT audit revealed that between the years 2007 and 2015, the company known for its bright yellow buses had deliberately kept its profits low to receive more support money from the government.
More
More
Swiss PostBus company claimed millions in illegal subsidies
This content was published on
The Swiss PostBus company has claimed almost CHF80 million in excessive subsidies over the past decade by manipulating accounts.
As a Swiss Abroad, how do you feel about the emergence of more conservative family policies in some US states?
In recent years several US states have adopted more conservative policies on family issues, abortion and education. As a Swiss citizen living there, how do you view this development?
Swiss-backed ‘Hera’ asteroid mission hits key milestone with Mars flyby
This content was published on
According to the European Space Agency (ESA), the Red Planet’s gravity will tweak the probe’s path, cutting months off the journey and saving a lot of fuel.
Swiss man arrested over Geneva parcel bomb attacks
This content was published on
A 61-year-old Swiss man was arrested in Geneva in connection with the parcel bomb incidents that left a man and a 12-year-old girl seriously injured.
UN officials in Geneva report over 100 civilian executions in western Syria
This content was published on
Verification is ongoing, and the actual number is likely higher, said a UN spokesperson in Geneva. A Syrian NGO claims executions could exceed 1,000.
Swiss pharma giant Roche partners with Zealand Pharma on new obesity treatment
This content was published on
Roche announced that it has struck an exclusive deal with Denmark's Zealand Pharma to develop and market petrelintide, a new treatment for obesity.
Experts lower Swiss growth forecasts due to US trade tensions
This content was published on
The uncertainty caused by ongoing trade conflicts is making companies hesitant to make decisions, which significantly hinders investment.
Swiss abbot resumes role following abuse investigation
This content was published on
Scarcella was accused in the Catholic Church abuse scandal last autumn. In October 2024, the Vatican declared there was no evidence of abuse or harassment against him.
Swiss stock exchange operator SIX to cut 150 jobs in efficiency drive
This content was published on
"We're not revealing the number of job losses at each location at the moment," said a SIX spokesperson. However, there will be cuts in Switzerland as well.
Martin Pfister named new Swiss government minister
This content was published on
Pfister’s election keeps the linguistic balance of Switzerland’s government, but shifts gender balance to only two women.
Swiss interior minister meets UN leaders in New York for women’s rights session
This content was published on
The Swiss interior minister also held bilateral meetings with UN Secretary-General António Guterres and Sima Sami Bahous, Executive Director of UN Women
The image of foreigners in Switzerland has deteriorated
This content was published on
The Federal Statistical Office has found that Swiss people’s views of foreigners have worsened over the last couple of years.
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.
Read more
More
Swiss Post Bus company invested heavily in France and lost millions
This content was published on
The Post has been operating its French subsidiary, CarPostal France at a huge financial loss, reported Swiss public television, SRF, on Monday.
Swiss Post CEO rejects blame for PostBus subsidies scandal
This content was published on
The head of Swiss Post, Susanne Ruoff, has refused to step down for errors she admits were made at the PostBus subsidiary company.
You can find an overview of ongoing debates with our journalists here . Please join us!
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.