Federal police launch proceedings into PostBus subsidies scandal
The Federal Office of Police (Fedpol) is undertaking administrative proceedings against Swiss Post to examine irregularities in connection with federal and cantonal subsidies received by its subsidiary PostBus.
This content was published on
1 minute
ATS-SDA/ln
The Federal Council (executive body) announced in a statement External linkon Tuesday that Fedpol would investigate the financial irregularities. PostBus is accused of having claimed tens of millions of francs in illegal subsidies.
This decision was taken because the Federal Department of Justice and Police, to which Fedpol belongs, does not have any conflict of interest in the matter, unlike other authorities such as the Federal Office of Transport and the Federal Office of Finance, the Swiss News Agency reported.
The Federal Council said Fedpol is therefore able to “conduct proceedings in an impartial and independent manner”. It added that depending on the results and possible legal action, it could take years before a final verdict is reached.
In an interviewExternal link with the German-speaking newspaper NZZ last Saturday, Federal Councillor Doris Leuthard said she expected the first results of the investigation within six to eight weeks. Proceedings must begin swiftly, in light of the “damage to the Post’s reputation”, she said. In the meantime, the presumption of innocence should be applied to Swiss Post’s CEO Susanne Ruoff, Leuthard said.
Swiss invention: 90-year anniversary of first T-bar ski lift
This content was published on
On Monday it will be 90 years since the world’s first T-bar ski lift went into service in Davos. This Swiss invention was an instant success.
Iran summons Swiss ambassador over US and Italy arrests
This content was published on
Iran has summoned the Swiss ambassador, who represents US interests, to protest against the arrest in the US and Italy of two Iranians.
Swisscom receives greenlight for acquisition of Vodafone Italia
This content was published on
The takeover of Vodafone Italia by Swisscom is nearing completion. All relevant authorities have now approved the €8 billion (CHF7.45 billion) deal.
Novo Nordisk stock market plunge drags down Swiss device maker Ypsomed
This content was published on
The Danish pharmaceutical giant, Novo Nordisk, faced setbacks on Friday that weighed on the share price of Swiss injection device manufacturer Ypsomed.
Swiss press react to EU deal with mix of euphoria and scepticism
This content was published on
Swiss media reaction to the agreement between Switzerland and the EU varies widely. Some are celebrating, while others worry about what is to come.
Swiss Solidarity donations to tackle child abuse top CHF4 million
This content was published on
Swiss Solidarity, the humanitarian arm of the Swiss Broadcasting Corporation (SBC), has raised over CHF4 million ($4.3 million) to tackle child abuse.
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.
Under-fire Swiss Post CEO secures directors’ backing
This content was published on
Swiss Post’s Board of Directors has affirmed its confidence in chief executive Susanne Ruoff as the fall-out from a subsidies scandal continues.
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.
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.
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.