Federal authorities are investigating corruption at the government owned arms maker Ruag.
It centres around a young male executive who was experiencing a meteoric career. He oversaw contracts worth tens of millions of francs.
Although the man was fired in 2022, investigators are looking into links with a German based subsidiary of the company.
It’s believed he as reselling parts to another German company, part owned by his wife.
The investigation continues.
Crans Montana to donate CHF 1m to victim fund
Crans-Montana is to donate a million francs to a fund to help the victims of the New Year’s fire.
Lausanne police set to fight discrimination
Following accusations of racism in its police force, Lausanne has published two reports highlighting serious issues.
UBS reports $8bn profit
The bank, UBS, made a profit of nearly USD 8bn last year, around CHF 6bn, comfortably beating analysts’ expectations.
EVs make further gains - but still behind Europe
While overall car registrations in Switzerland have been falling for six years, electric and hybrid vehicles are on the rise.
Dog bite costs owner thousands
A German Shepherd attack has cost its multimillionaire owner CHF 330,000.
Cassis should be investigated, say lawyers
Swiss lawyers are calling for an investigation into Foreign Minister Ignazio Cassis.
