Post sponsored by NewzEngine.com

MIL OSI Translation. Government of the Republic of France statements from French to English

Source: Swiss Canton de Vaud – news in English

The opening of the investigation by the division specializes in economic crime in the public Ministry, was made following a denunciation from the Office of communication in the field of money laundering of the federal police Office (MROS), which has received several communications from a major bank participant in the program of granting of credits COVID-19. A statement has been opened for fraud, breach of trust, mismanagement worsened, forgery, money laundering, and contravention of the ordinance, the bonds of solidarity are related to the COVID-19.

Under the authority of the prosecutor, the premises of several companies were raided by the police. Many accounts have been blocked. The alleged perpetrators are swiss nationals, originating in Turkey. They are suspected to have received aid a total of several million francs from various banks on the basis of false claims. It is in particular alleged to have induced banks to error on the turnover achieved by the beneficiary companies in taking advantage of the controls limited provided by the system put in place. It is also criticized for having used the funds loaned to purposes other than for the current needs of the beneficiaries. More than a million and a half francs would appear to have been transferred abroad. Measures have been taken to allow for the repatriation.

The prosecutor in charge has requested and obtained the remand in custody of one of the authors by the Court of coercive measures.

On the occasion of this case, the public prosecutor of the canton of Vaud informs that he diligentera of extensive investigation in the place of any person suspected of having contravened the provisions of the legislation supportive of emergency put in place during the crisis of sars coronavirus.

EDITOR’S NOTE: This article is a translation. Apologies should the grammar and/or sentence structure is not be perfect.

MIL Translation OSI