Navigation

Giant money laundering trial begins

Switzerland's largest ever money-laundering trial has begun in Bellinzona.

This content was published on May 4, 2009 - 15:49

Nine defendants are facing charges of laundering more than SFr1 billion ($880 million) for the so-called cigarette mafia.

The Federal Prosecutor's Office has charged the four Swiss and three Italians as well as a Spaniard and a French citizen of supporting the criminal organisations, Italy-based Camorra and Sacra Corona Unita.

According to the prosecutor's file, the accused took part in the smuggling of 215 million cigarettes from Montenegro to Italy between 1994 and 2001.

The proceeds from the cigarette sales were allegedly laundered through a money exchange office in canton Ticino.

The defendants reject the charges.

The trial is expected to last until June 19.

swissinfo with agencies

This article was automatically imported from our old content management system. If you see any display errors, please let us know: community-feedback@swissinfo.ch

Comments under this article have been turned off. 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.

Share this story

Join the conversation!

With a SWI account, you have the opportunity to contribute on our website.

You can Login or register here.