Swiss officials have found around CHF9 billion ($10 billion) linked to Venezuela on hundreds of bank accounts in Switzerland, Le Matin Dimanche reports.
This content was published on
1 minute
Keystone-SDA/SMD/SonntagsZeitung/ilj
Español
es
Miles de millones de ‘fondos sospechosos’ de Venezuela en bancos suizos
It says that this makes Venezuela “the largest source of suspicious funds in Swiss banks”.
The newspaper says this has been confirmed by a series of investigations opened in Zurich in autumn 2019. A version of the article also appears online in the SonntagsZeitungExternal link.
Le Matin DimancheExternal link said the money had come from embezzled public funds in Venezuela and quoted a Zurich police spokesman as saying that the money had been spread over hundreds of accounts in around 30 banks.
This would mean that one in eight Swiss banks would be affected, the newspaper said.
The Zurich public prosecutors’ office did not immediately respond to requests for comment, Bloomberg saidExternal link.
Popular Stories
More
Multinational companies
Azeri fossil-fuel cash cow brings controversy to Switzerland
Swiss price watchdog slams excessive prices for generic medicines
This content was published on
The cheapest generic medicines available in Switzerland are more than twice as expensive as in other countries, according to a study by the Swiss price watchdog.
Nature should not figure in net zero calculations: academic study
This content was published on
The natural removal of CO2 from the atmosphere by forests or oceans should not be included in the net-zero balance of climate protection measures, argue researchers.
This content was published on
None of the 15 major Swiss retail banks is meeting international climate and biodiversity targets, according to a ranking by WWF Switzerland.
This content was published on
Nestlé's new CEO Laurent Freixe, has presented plans for the future of the world's largest food company, after his first few weeks in office.
Swiss foreign minister calls on Moscow to end Ukraine war
This content was published on
It's high time Moscow ended its war against Ukraine, Swiss foreign minister Ignazio Cassis tells the UN Security Council.
This content was published on
The only alternative to the UN Palestinian agency’s work in Gaza is to allow Israel to run services there, Philippe Lazzarini, UNRWA Commissioner-General, told reporters in Geneva on Monday.
Study reveals food culture differences between Switzerland and neighbours
This content was published on
Three-quarters of Swiss people consider eating to be a pleasurable, social activity, a new survey reveals. Healthy eating, however, plays a much less important role, it found.
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 oil traders and banks burned by Venezuela ties
This content was published on
Several Swiss companies and banks have found themselves in the line of fire as the United States ramps up pressure on the Venezuelan government.
Switzerland organises humanitarian aid flight to Venezuela
This content was published on
Switzerland has flown nearly 100 tonnes of relief aid, mainly medical supplies, to Venezuela to help fight the coronavirus pandemic.
This content was published on
Venezuela is illegally mining and trading in gold, and Switzerland could be one of its clients, according to Swiss media reports.
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.