DayFR Euro

Switzerland called to return money from corruption from its companies abroad to “real victims”

Published on November 25, 2024 at 4:22 p.m. / Modified on November 25, 2024 at 6:07 p.m.

  • Swiss law does not provide for compensation if there has been no mutual legal assistance with the country in question.

  • It is unfair for the victims, according to NGOs.

  • Parliamentary initiatives are calling for changes in this area.

Last week, a delegation of Congolese went to Switzerland with a very specific objective: to demand money. To ensure that assets recovered linked to profits generated by Swiss firms in cases of corruption are returned to victims. The Africans, members of a coalition of NGOs called “Congo is not for sale”, traveled to Geneva and Bern following a case linked to Glencore.

In August, the Federal Public Prosecutor’s Office (MPC) ordered the Zug firm to pay 150 million in compensatory claims for lack of organization. A conviction which followed the contentious acquisition of mines in the south of the DRC in 2011. Justice does not plan to return the money to this African state because, in this case, there was no mutual assistance judicial between the two countries. No restitution without cooperation, indicates the federal law on the sharing of confiscated assets (LVPC). And that is problematic, according to the Congolese delegation.

Follow the news with us and support demanding and daring journalism


For the end-of-year holidays, take advantage of -25% on your annual subscription ????

Quality information just a click away. Offer valid until December 25, 2024.

I subscribe

Good reasons to subscribe to Le Temps:
  • Unlimited access to all content available on the website
  • Unlimited access to all content available on the mobile application
  • Sharing plan of 5 articles per month
  • Consultation of the digital version of the newspaper from 10 p.m. the day before
  • Access to supplements and T, the Temps magazine, in e-paper format
  • Access to a set of exclusive benefits reserved for subscribers

Already have an account?
Log in

Swiss

-

Related News :