Investigators raid Swissair’s HQ


Corti confirmed news of the Tuesday raid on the Swissair Group [Keystone]


The head office of the defunct Swissair Group has been raided by Zurich’s judicial authorities.


Mario Corti, former CEO the bankrupt airline group, confirmed reports that documents had been seized during a day-long search on Tuesday.

The authorities have not revealed the exact nature of the investigation. But Hanspeter Hirt, a Zurich prosecutor, told the “NZZ” newspaper that it was part of a routine probe to determine whether any potential false accounting or “creative bookkeeping” had taken place.

The Swissair Group – which is the parent company of Swissair – collapsed last year, grounding the airline and forcing the group into receivership.



Room full of documents

Hirt said the investigation could take at least three years to carry out because of the number of documents involved.

Investigators removed around three cubic meters of documentation from the company’s office in Balsberg near Zurich.

More at:
http://www2.swissinfo.org/sen/Swissinfo.html?siteSect=161&sid=1172797