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Swiss bank secrecy probe dropped against news portal
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Swiss bank secrecy probe dropped against news portal
The Zurich public prosecutor has dropped a probe against online portal Inside Paradeplatz, which was accused of violating banking secrecy.
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Prosecutor said that the protection of journalistic sources prevents evidence from being presented in the case in key respects.
+ How Swiss banking secrecy clashes with freedom of speech
The proceedings against Inside Paradeplatz journalist on suspicion of a breach of banking secrecy were therefore discontinued on December 8.
The discontinuation is not yet legally binding.
+ Strip clubs and fraud: the trial of an unconventional Swiss banker
The proceedings were initiated by finance company boss Beat Stocker. He complained that his privacy was violated in the reporting by Inside Paradeplatz on the alleged misconduct of former Raiffeisenbank boss Pierin Vincenz.
Stocker is one of the co-defendants in the proceedings against Vincenz.
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Swiss prosecutors target financial blog Inside Paradeplatz
Adapted from German by DeepL/mga
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