Pierin Vincenz shows no sign of remorse in court - but questionable Tinder dates are not enough for a criminal conviction
At the high court, the former Raiffeisen chief invents implausible excuses for his expense excesses. Nevertheless, it remains open whether he will be convicted of fraud.
Pierin Vincenz, the former CEO of Raiffeisen, has appeared in court for a second time, defending himself against charges of excessive spending and potential fraud. Vincenz, who was sentenced to 3 years and 9 months in prison in 2022, is seeking an acquittal, claiming his actions were in the best interests of the company. The court has heard arguments from both sides, but a verdict is not expected until the autumn.
The case has raised questions about corporate governance and the accountability of top executives, with some arguing that the justice system is too lenient on high-profile offenders.
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.
