Prosecutors in Switzerland have formally indicted former SNC-Lavalin executive Riadh Ben Aissa on allegations he laundered vast sums of money tied to at least $139 million in mysterious payments by the company, according to Swiss public broadcaster RTS…
Citing multiple confidential sources in Switzerland and North Africa, RTS investigative reporter Yves Steiner told CBC News that Swiss authorities have tracked money flowing from the Canadian engineering conglomerate to Swiss bank accounts registered to companies in the British Virgin Islands. Some of the funds then went directly into Swiss bank accounts controlled by Ben Aïssa, Steiner said his sources told him, and Swiss officials are working with the RCMP to get to the bottom of the mystery.
“Swiss investigators are interested in this network of companies and accounts, transfers that were allegedly authorized by Riadh Ben Aissa to obtain contracts in Tunisia and, especially, Libya,” RTS reported Sunday…
Prosecutors have also charged Geneva-based lawyer Roland Kaufmann with money laundering and corruption. According to RTS, authorities accuse him of helping Ben Aissa to set up two companies, Dinova and Duvel Securities, registered in the British Virgin Islands. The broadcaster reports investigators are probing millions of dollars in payments from SNC-Lavalin to those companies’ Swiss bank accounts dating back as early as 2001.
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