Ex Head Of Swiss Bankers Association On Trial For Corruption

(MENAFN- Swissinfo) A corruption case involving senior figures in the Swiss financial sector is to be heard in court: Pierre Mirabaud, former president of the Swiss Bankers Association (SBA), is due to stand trial at the beginning of September before the Federal Criminal Court. Select your language

Generated with artificial intelligence. Listening: Ex head of Swiss Bankers Association on trial for corruption This content was published on August 28, 2026 - 11:02 2 minutes Keystone-SDA

Italiano it Ex presidente banchieri svizzeri a processo per corruzione Original Read more: Ex presidente banchieri svizzeri a processo per corru Español es El expresidente de la Asociación Suiza de Banqueros, a juicio por corrupción Read more: El expresidente de la Asociación Suiza de Banqueros, a juicio por corrup

He is accused of bribing a senior Kuwaiti official in order to secure control of substantial public funds.

According to the indictment, a copy of which was obtained by the Swiss News Agency Keystone-ATS, the criminal investigation was launched in 2021 by the Office of the Attorney General of Switzerland (OAG). The alleged offences date back to the period between 2000 and 2012.

Mirabaud is alleged to have promised undue kickbacks totalling CHF82 million ($102 million) to the chairman of Kuwait's Public Institution for Social Security (PIFSS). In return, the man is alleged to have entrusted the Geneva-based private bank Mirabaud with a portion of the Kuwaiti institution's funds, amounting to $500 million (CHF400 million).

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