ZURICH — An audit of Zurich-based Hyposwiss Private Bank found no evidence of money laundering, following allegations by Oleg Deripaska against Hans Bodmer, a Swiss lawyer who resigned from the bank's board last month, St. Galler Kantonal Bank, which owns Hyposwiss, said Tuesday.
Hyposwiss asked Pricewaterhouse-Coopers to examine its books after Deripaska filed a legal complaint in Switzerland saying Bodmer helped loot Norilsk Nickel. The auditor "confirmed that the bank had not violated criminal money-laundering provisions," according to a statement.
According to the complaint, Bodmer did work in 2010 for Vladimir Potanin and his Interros Holding, which holds about 30 percent of Norilsk.
(Bloomberg)
A Message from The Moscow Times:
Dear readers,
We are facing unprecedented challenges. Russia's Prosecutor General's Office has designated The Moscow Times as an "undesirable" organization, criminalizing our work and putting our staff at risk of prosecution. This follows our earlier unjust labeling as a "foreign agent."
These actions are direct attempts to silence independent journalism in Russia. The authorities claim our work "discredits the decisions of the Russian leadership." We see things differently: we strive to provide accurate, unbiased reporting on Russia.
We, the journalists of The Moscow Times, refuse to be silenced. But to continue our work, we need your help.
Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and every contribution makes a significant impact.
By supporting The Moscow Times, you're defending open, independent journalism in the face of repression. Thank you for standing with us.
Remind me later.
