Zurich court throws out ‘cum-ex’ case against German lawyer
Zurich High Court discontinues cum-ex proceedings against Eckart Seith
Keystone-SDA
Select your language
Generated with artificial intelligence.
Listening: Zurich court throws out ‘cum-ex’ case against German lawyer
A trial against a German lawyer, accused of breaching Swiss banking secrecy during his investigation of controversial cum-ex transactions, has collapsed.
This content was published on
2 minutes
Keystone-SDA
Deutsch
de
Zürcher Obergericht stellt Cum-Ex-Verfahren gegen Eckart Seith ein
Original
The court came to the conclusion that a former Zurich public prosecutor involved in bringing the case was biased.
“The public prosecutor did not show the necessary impartiality,” said the chief judge in his reasoning. Seith and the two co-defendants had been denied important rights of participation, such as the right to inspect files.
Returning the cum-ex trial to the Zurich public prosecutor’s office for revision was not appropriate. After so many years, the evidence could no longer be properly re-examined anyway. “The proceedings will therefore be discontinued.”
The German lawyer Eckart Seith was accused of economic espionage and violations of banking law because he allegedly obtained internal documents from the Swiss bank J. Safra Sarasin and passed them on to German investigators.
Translated from German by DeepL/mga
This news story has been written and carefully fact-checked by an external editorial team. At SWI swissinfo.ch we select the most relevant news for an international audience and use automatic translation tools such as DeepL to translate it into English. Providing you with automatically translated news gives us the time to write more in-depth articles.
If you want to know more about how we work, have a look here, if you want to learn more about how we use technology, click here, and if you have feedback on this news story please write to english@swissinfo.ch.
Popular Stories
More
Climate solutions
Switzerland turns train tracks into solar power plants
In Switzerland more people are being referred to electrical therapies or psychedelic-assisted psychotherapy. Are there similar approaches where you live?
Swiss parliament rejects national microchipping scheme for cats
This content was published on
Switzerland should not introduce a nationwide mandatory microchip scheme for cats. On Tuesday, the House of Representatives rejected such an idea by 108 votes to 80.
Sharp rise in reported cyber incidents in Switzerland
This content was published on
The number of reported cyber incidents and online threats in Switzerland rose sharply last year, according to the National Cyber Security Centre (NCSC).
Swiss National Bank ‘ready to consider’ negative interest rates
This content was published on
The Swiss National Bank (SNB) is prepared to lower its key interest rate even further in the face of economic uncertainty, Chair Martin Schlegel said on Tuesday.
Toxic chemicals from car tyres found in fruit and vegetables in Switzerland
This content was published on
Tyre additives are transferred into the food chain, according to a new study in Switzerland. Further research is needed to establish the dangers for human health.
Swiss pensioner in court for feeding neighbour’s cat
This content was published on
A 68-year-old Swiss woman is in court in Zurich on Tuesday, accused of systematically feeding her neighbour's cat "Leo" - a criminal offence in Switzerland - so that the cat no longer wanted to go home.
SWISS flights to Tel Aviv remain suspended until May 11
This content was published on
Swiss International Air Lines (SWISS) has cancelled all flights to and from the Israeli city of Tel Aviv until May 11 after a missile fired by Yemen's Houthi rebels landed near the airport.
Ministers discuss Swiss-EU deal with Italy and Hungary
This content was published on
Swiss President Karin Keller-Sutter and Foreign Minister Ignazio Cassis held talks on Monday with their respective counterparts from Italy and Hungary.
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.