Two former managers convicted of bribery in Swatch trial
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Two former managers convicted of bribery in Swatch trial
On Monday, the Neuchâtel Criminal Court convicted a former Tissot manager and a French businessman of passive and active bribery.
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The court handed down conditional prison sentences of 15 months each.
The trial centred on an alleged corruption affair in the watch industry that allegedly took place within the Swatch Group between 2006 and 2015. In 2022, the district court in La Chaux-de-Fonds in canton Neuchâtel acquitted the defendants of the charge of mismanagement after a lengthy trial that was postponed several times.
Translated from German by DeepL/jdp
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