Safra Sarasin and an ex-make-up man condemned

The MPC sentenced private bank J. Therefore, Safra Sarasin to a fine of 3.5 million francs for aggravated money laundering. Nevertheless, An ex-employee of the establishment was sentenced to a private sentence of six months suspended in this case. Moreover, – Safra sarasin ex-make-up man condemned

(Keystone-ATS) The bank also paid a transactional amount of 16 million francs to the Brazilian oil giant Petrobras, a complainant in the procedure.

This conviction is linked to the international corruption case called “Lava Jato”. involving Petrobras, safra sarasin ex-make-up man condemned recalled the public prosecutor of the Confederation (MPC) on Friday in a statement.

The Swiss justice had opened in 2018 a criminal instruction against the Basel Banque J. Safra Sarasin. one of its former gender -make -ups and unknown for “suspicions of complicity in corruption of foreign public officials and aggravated money laundering” committed between November 2011 and July 2014, detailed the MPC.

According to the latter. “several banking relations have been opened to SAFRA Banque in Switzerland and have been used to receive or have corrupted payments of a dozen companies active in the oil and construction sector. These payments were intended for senior executives from the Petrobras state company ”.

Pictet and PKB also condemned

The MPC has counted transfers totaling approximately $ 42.5 million and 28.5 million executed by the bank, but refused by recipient establishments.

“This ordinance does not constitute a recognition of guilt. nor an acceptance of civil or safra sarasin ex-make-up man condemned criminal liability on the part of the bank,” reacted the Rhénan establishment, interviewed by the AWP agency.

In mid-June. the MPC had condemned the Bank Pictet to a fine of 2 million francs for faults in its organization, which allowed one of its former makeshift managers to commit acts of aggravated money laundering in connection with the “Lava Jato” affair.

The PKB Privatbank (PKB) bank was also sentenced in this case in 2024 to the payment of a fine of 750,000 francs.

The “Lava Jato” affair had broken out in Brazil in 2014. It had updated bribes received by corrupt civil servants from Petrobras. with its share of illicit financial circuits and rigged contracts.