Pictet offices in Geneva raided in probe over Brazilian Petrobras case  

Mark Battersby
clock • 1 min read

Investigators from Switzerland's Public Ministry of the Confederation searched the premises of the Geneva private bank Pictet in mid-March, according to multiple media reports over the last 24 hours.  This search is linked to the Petrobras affair, named after the criminal probe into activities of the Brazilian state-run oil firm between 2013 and 2014 involving dozens of Swiss banks.  In December 2021, the PMC opened criminal proceedings against Banque Pictet, against a person whose identity has not been revealed and against unknown persons, for suspicion of complicity in the corruptio...

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