The former CEO of Raiffeisen, Pierin Vincenz, has to face the court in January 2022. That was decided by the Zurich District Court.
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the essentials in brief
- Pierin Vincenz has to appear in court next year for crude machinations.
- He and his advisor are said to have enriched themselves in Raiffeisen business.
- Another prison sentence is in the room.
From January 25 to 29, 2022, the long-standing CEO of the Raiffeisen Group, Pierin Vincenz, will have to face the Zurich District Court. The “Tagesanzeiger” reported on Monday.
Vincenz is said to have built a lot of money into his own pocket with his advisor Beat Stocker, former Aduno boss, when buying companies. Among other things, the acquisition of “Investnet” will be discussed. Raiffeisen bought “Investnet” to 60 percent and paid each of the founders CHF 20 million.
According to the indictment, Vincenz and Stocker are said to have demanded and partially received benefits that were not due to them. Vincenz’s legendary expense account is also being checked by the court. The bill includes visits to strip bars.
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More on the subject:
Raiffeisen Franconia Pierin Vincenz Court
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