CREDIT SUISSE ASKS INVESTORS TO DESTROY DOCUMENTS LINKED TO OLIGARCH YACHT LOANS

On 2 March, Swissinfo carried an FT report claiming that Credit Suisse has asked hedge funds and other investors to destroy documents relating to its richest clients’ yachts and private jets, in an attempt to stop information leaking about a unit of the bank that has made loans to oligarchs who were later sanctioned.

https://www.swissinfo.ch/eng/credit-suisse-asks-investors-to-destroy-documents-linked-to-oligarch-yacht-loans/47393822

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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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