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| Version 0 | Version 1 |
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| Bankers convicted of helping Putin's friend | Bankers convicted of helping Putin's friend |
| (34 minutes later) | |
| The four bankers are charged with helping cellist Sergei Roldugin move funds suspected of belonging to Russia's leader | The four bankers are charged with helping cellist Sergei Roldugin move funds suspected of belonging to Russia's leader |
| Four bankers who allowed a friend of Vladimir Putin to deposit huge sums in Swiss banks have been found guilty of lacking due diligence. | Four bankers who allowed a friend of Vladimir Putin to deposit huge sums in Swiss banks have been found guilty of lacking due diligence. |
| The former executives at the Zurich branch of Russia's Gazprombank were given seven-month suspended sentences for helping musician Sergei Roldugin, nicknamed "Putin's wallet". | The former executives at the Zurich branch of Russia's Gazprombank were given seven-month suspended sentences for helping musician Sergei Roldugin, nicknamed "Putin's wallet". |
| Mr Roldugin reportedly paid in around $30m (£24m) between 2014 and 2016. | |
| He gave no credible explanation of where the money had come from. | He gave no credible explanation of where the money had come from. |
| Under Swiss law, banks are required to reject or close accounts if they have doubts about the account holder or the source of the money. Mr Roldugin, a cellist, is godfather to President Putin's eldest daughter, Maria. | Under Swiss law, banks are required to reject or close accounts if they have doubts about the account holder or the source of the money. Mr Roldugin, a cellist, is godfather to President Putin's eldest daughter, Maria. |
| Three of the convicted bankers are Russian and one is Swiss. | Three of the convicted bankers are Russian and one is Swiss. |
| The men, who cannot be identified under Swiss reporting restrictions, said they would appeal against the Swiss court's decision. | The men, who cannot be identified under Swiss reporting restrictions, said they would appeal against the Swiss court's decision. |
| The judge in the Zurich court said it was beyond doubt that Mr Roldugin was not the true owner of the money that he deposited. | |
| The four bankers who opened the accounts should have asked questions: Mr Roldugin had no apparent income, so where did the money come from? | |
| They failed to do this - and have been found guilty of violating Switzerland's due diligence laws. | |
| Their sentences are mild, but this case has big implications. If the money wasn't Mr Roldugin's, whose was it? | |
| The Russian president, now under Western sanctions, is rumoured to have vast wealth, some of it invested abroad. | |
| Related Topics | Related Topics |
| Vladimir Putin | Vladimir Putin |
| Switzerland | Switzerland |