Zurich banker charged in Alstom fraud case

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After a lengthy investigation, the federal government decides to press fraud, money laundering and corruption charges against a Zurich private banker who allegedly arranged bribes for French industrial giant Altsom. The accusations against Oskar Holenweger follow a raid in March on the companys offices in the UK, where the Serious Fraud Office is pursuing its own probe into possible bribery linked to contracts.

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