Zurich, Switzerland (TSR, Fre) – The 19 former directors and administrators of Swissair, which folded in 2001, were acquitted of wrongdoing Thursday morning. The court has also awarded them SFr3 million in damages, which will be paid by taxpayers, with SFr500,000 going to Mario Corti alone. Corti, the last CEO of the company, was the main defendant.
GenevaLunch summary story on trial end, 9 March 2007
Swissinfo story
RSR’s complete coverage of the company’s failure and the trial
Posted by Ellen Wallace on 7 June 2007 at 10:29 | permalink
This work by genevalunch.com is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.
News story, GenevaLunch, 7 June 2007.
Filed under: Society
Tags: Swiss news
We are happy to have your comments, which are approved before they appear: please remember to be courteous and brief. We accept only comments directly related to an article. We do not accept comment spam - messages sent to more than one site. We do not publish comments if the e-mail address is not legitimate. Thank you!