Jordan Chiles, the gymnast who had her bronze medal stripped from her moments after the 2024 Paris Olympics concluded, is fighting the decision in Switzerland’s Supreme Court. “Jordan Chiles’ appeals present the international community with an easy legal question — will everyone stand by while an Olympic athlete who has done only the right thing...
Tag: Swiss court
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Adani-Hindenburg saga: Adani rejects Hindenburg claims of $310 million fund freeze in Swiss banks
3 min read Last Updated : Sep 13 2024 | 9:17 AM IST The Adani Group issued a statement late on Thursday refuting claims made by New York-based short-seller Hindenburg Research. Hindenburg Research alleged that Swiss authorities had frozen over $310 million in multiple Swiss bank accounts as part of a money laundering and...
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$310 million linked to Adani Group frozen by Swiss authorities? Hindenburg, conglomerate clash over report
New Delhi: Swiss authorities have frozen USD 311 million (Rs 2,610 crore) held by a Taiwanese resident in multiple Swiss bank accounts as part of money laundering probe, suspecting he may be a frontman from the Adani group — a charge the conglomerate vehemently denied saying it was neither involved in any Swiss court proceedings...
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Two executives convicted in Switzerland over 1MDB scandal
The defendants are the director of the oil company PetroSaudi with offices in Geneva and a business partner. GENEVA – Two men have been sentenced to six and seven years in prison for embezzlement in Switzerland in connection with the Malaysian state fund 1MDB (1Malaysia Development Berhad). Switzerland’s Federal Criminal Court in Bellinzona ruled...
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Swiss court clears Hinduja family members of human trafficking charges
Ajay Hinduja, with wife and parents. (Bloomberg Photo) 2 min read Last Updated : Jun 22 2024 | 7:40 PM IST The four Swiss-national members of the Hinduja Family, Prakash Hinduja, his wife Kamal, their son Ajay, and daughter-in-law Namrata have been acquitted of all human trafficking charges, after legal proceedings in Switzerland, according to a statement from the...
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Hindujas appeal against Swiss court’s jail term order for exploiting staff
Hindujas, on Friday said they were appalled by a Swiss court’s ruling of jail terms for some members in Geneva and that an appeal has been filed in a higher court challenging the verdict. (Photo courtesy: Wikipedia) 3 min read Last Updated : Jun 22 2024 | 7:13 AM IST Britain’s wealthiest family, the...
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Swiss court sentences 4 members of Hinduja family to up to 4 1/2 years for exploiting their servants
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 of human trafficking. The four — Indian-born tycoon Prakash Hinduja and his wife, son...