Fraud investigation at tank maker

(c) WES1947

Federal authorities are investigating corruption at the government owned arms maker Ruag.

It centres around a young male executive who was experiencing a meteoric career. He oversaw contracts worth tens of millions of francs. 

Although the man was fired in 2022, investigators are looking into links with a German based subsidiary of the company.

It’s believed he as reselling parts to another German company, part owned by his wife.

The investigation continues. 

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