SWITZERLAND: SWATCH GROUP BRIBERY TRIAL

On 24 August, Le Temps reported on a case due to open in Switzerland and involving 3 managers from Tissot and CK Watch & Jewellery subsidiaries of the Swatch Group who are accused of receiving bribes 2006-14 from a Hong Kong supplier (who is also on trial) in exchange for large orders and looser controls on the equipment supplied.

https://www.letemps.ch/economie/corruption-horlogere-face-aux-juges

https://www.fedlex.admin.ch/eli/cc/54/757_781_799/en

Any modest contributions for my time and ongoing expenses are welcomed!  I have a page where you can do so, and where one-off contributions start as low as $3, at https://www.buymeacoffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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