A Swiss court has handed jail sentences to four members of Britain’s richest family for exploiting Indian staff at their Geneva mansion. The Hindujas, who were not present in court, were acquitted of human trafficking but convicted of other charges on Friday in a stunning verdict for the family, whose fortune is estimated at £37bn....
Category: World
Post
Post
Hindujas Get Over 4 Years In Jail For Exploiting Staff At Swiss Mansion
The family denied the allegations, claiming the prosecutors wanted to “do in the Hindujas”. A Swiss court handed jail sentences to four members of Britain’s richest family on Friday for exploiting Indian staff at their Geneva mansion. The Hindujas — who were not present in court — were acquitted of human trafficking, but convicted on...
Post
Members of Britain’s richest family get jail terms for exploiting Indian staff at Swiss mansion
GENEVA – A Swiss court handed jail sentences to four members of Britain’s richest family on June 21 for exploiting the Indian staff at their Geneva mansion. The Hindujas – who were not present in court – were acquitted of human trafficking, but convicted of other charges in a stunning verdict for the family, whose...
Post
Swiss court jails 4 Hinduja members for up to 4.5 years over servant abuse
3 min read Last Updated : Jun 21 2024 | 10:24 PM IST A Swiss criminal court on Friday sentenced four members of the wealthy Hinduja family with between four and 4 1/2 years in prison for exploiting their vulnerable domestic workers. The court at the same time threw out the more severe charges...
Post
Amid lowered inflation Switzerland cuts interest rates again, Britain holds steady – UPI.com
The Bank of England Thursday held interest rates steady at 5.25% while the Swiss National Bank cut rates by a quarter-point to 1.25%. Both nations have seen inflation drop, down to 2% in Britain and 1.4% in Switzerland. File photo by Andy Rain/EPA-EFE June 20 (UPI) — Switzerland cut its interest rates for the second...
Post
Swiss financial regulations not yet tough enough post-Credit Suisse: SNB
Switzerland’s financial regulations need further strengthening following the takeover of Credit Suisse by UBS, the Swiss National Bank said. Photo: Reuters 3 min read Last Updated : Jun 20 2024 | 2:22 PM IST Switzerland’s financial regulations need further strengthening following the takeover of Credit Suisse by UBS, the Swiss National Bank said on...
Post
112th International Labour Conference at Geneva, Switzerland
The 112th International Labour Organization (ILC) was held in Geneva from 3-14 June 2024. It was attended by more than 4,900 delegates – representing Governments, and Employers’ and Workers’ organizations. The 113rd ILC will be held in June 2025. 112th annual International Labour Conference The International Labour Organization will hold its 112th annual International Labour...
Post
UBS CEO says Swiss regulation among world’s strictest
(June 19): UBS Group AG chief executive officer Sergio Ermotti has said that he is largely in favour of a plan for Switzerland to reform its financial system as the country continues to work through the consequences of last year’s crisis at Credit Suisse. “We support most of the reform measures that have been proposed...
Post
UK’s richest family on trial in Switzerland for human trafficking
3 days ago By Imogen Foulkes, BBC Geneva Correspondent EPA Ajay Hinduja (L) and his wife Namrata arrive with their lawyer Robert Assael at a court house in Geneva Four members of the UK’s richest family are on trial in Switzerland amid allegations they spent more money caring for their dog than their servants. The Hinduja family,...
Post
World leaders meet in Switzerland for Russia, Ukraine peace talks – Trending News
World leaders and high-ranking officials from over 90 governments convened for a two-day summit in a Swiss mountaintop resort over the weekend, more than two years after Russia attacked Ukraine, with the aim of ending the biggest European crisis since World War II. According to a final communiqué issued by most of the nations...
Post
DHL: The domestic markets in Germany and Switzerland are important pillars in our European and global network | Post & Parcel
On July 1, Markus Panhauser will become the new CEO of DHL Global Forwarding in Germany and Switzerland. In his new role, he will assume responsibility for both country organisations. Panhauser succeeds Tobias Schmidt, who has successfully led the two country organizations since November 2021 in addition to his role as CEO of DHL Global Forwarding Europe. With...
Post
Ukraine peace summit fails to persuade major non-aligned countries to sign final statement
In short: More than 90 countries have gathered for peace talks in Switzerland at the request of Ukraine. The summit fell short of convincing a number of countries in the global south to sign the summit communique. What’s next? No country has come forward to host another peace summit. Western countries attending a peace summit...