So far no winner in the Vincenz trial: The tone remains sober - but the matter is being disputed all the more fiercely
In the appeal trial before the High Court, the expenses of Pierin Vincenz take a back seat. Now it's about his company deals: prosecution and defense diametrically contradict each other.
The appeal trial of Pierin Vincenz, a former Raiffeisen CEO, has begun at the Zurich Obergericht. The prosecution and defence have presented diametrically opposed views on Vincenz's firm deals, with the prosecution arguing that he and his business partner, Beat Stocker, took "decisive influence" on transactions and failed to disclose their interests.
The prosecution is seeking a six-year prison sentence, while the defence is seeking an acquittal. The trial, which is expected to last two weeks, has seen a more subdued tone than the 2018 district court trial, where Vincenz's lavish expenses were a major focus.
Written by urgent.news from NZZ Wirtschaft's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
