Money Laundering Investigation Into Former Swiss Ambassador Concludes
Swiss federal judge Paul Perraudin revealed last week that he has handed the
results of his two year money laundering investigation into former Swiss ambassador
to Luxembourg, Peter Friedrich to the Federal Prosecutor's Office. The former ambassador was arrested in 2002 after it emerged that SFr2.2 million
in cash was paid into his bank account in Luxembourg by a Spanish citizen suspected
of involvement in money laundering and drug trading, and then swiftly transferred
to accounts in Switzerland and various other countries. Mr Friedrich's lawyers have suggested that the diplomat believed that the money
was transferred into his account in order to evade taxes, which is not a criminal
offence in Switzerland. Following receipt of the 200 page dossier on Friday, the Federal Prosecutor's
Office must now decide what charges to bring against the former ambassador. .
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