Chiasso Scandal
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Chiasso Scandal
The Chiasso scandal () was a financial affair that broke out in the spring of 1977 in Switzerland against a branch of Credit Suisse. Background In the 1960s, three executives of Credit Suisse (then ''Schweizerische Kreditanstalt''), including the deputy manager of the Chiasso branch, Ernst Kuhrmeier, set up a Liechtenstein shell company called "Texon" without the knowledge of their management. The front was used for many years to illegally launder money from Italy. It took several years for the bank's Zurich management to react, despite an initial alert in 1968 following a complaint by a UBS manager about the methods employed by Credit Suisse employees; not only was no action taken, but Ernst Kuhrmeier was even appointed Senior Director in January 1975. It wasn't until 1977 that the scandal broke: in the wake of the first oil crisis, several companies managed by Texon became loss-making, and the whole financial package collapsed, revealing a debt of 2.2 billion Swiss francs for ...
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Switzerland
Switzerland, officially the Swiss Confederation, is a landlocked country located in west-central Europe. It is bordered by Italy to the south, France to the west, Germany to the north, and Austria and Liechtenstein to the east. Switzerland is geographically divided among the Swiss Plateau, the Swiss Alps, Alps and the Jura Mountains, Jura; the Alps occupy the greater part of the territory, whereas most of the country's Demographics of Switzerland, 9 million people are concentrated on the plateau, which hosts List of cities in Switzerland, its largest cities and economic centres, including Zurich, Geneva, and Lausanne. Switzerland is a federal republic composed of Cantons of Switzerland, 26 cantons, with federal authorities based in Bern. It has four main linguistic and cultural regions: German, French, Italian and Romansh language, Romansh. Although most Swiss are German-speaking, national identity is fairly cohesive, being rooted in a common historical background, shared ...
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Tax Evasion
Tax evasion or tax fraud is an illegal attempt to defeat the imposition of taxes by individuals, corporations, trusts, and others. Tax evasion often entails the deliberate misrepresentation of the taxpayer's affairs to the tax authorities to reduce the taxpayer's tax liability, and it includes dishonest tax reporting, declaring less income, profits or gains than the amounts actually earned, overstating deductions, bribing authorities and hiding money in secret locations. Tax evasion is an activity commonly associated with the informal economy. One measure of the extent of tax evasion (the "tax gap") is the amount of unreported income, which is the difference between the amount of income that the tax authority requests be reported and the actual amount reported. In contrast, tax avoidance is the legal use of tax laws to reduce one's tax burden. Both tax evasion and tax avoidance can be viewed as forms of tax noncompliance, as they describe a range of activities that intend to ...
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Smuggling
Smuggling is the illegal transportation of objects, substances, information or people, such as out of a house or buildings, into a prison, or across an international border, in violation of applicable laws or other regulations. More broadly, social scientists define smuggling as the purposeful movement across a border in contravention to the relevant legal frameworks. There are various motivations to smuggle. These include the participation in illegal trade, such as in the drug trade, illegal weapons trade, prostitution, human trafficking, kidnapping, heists, chop shops, illegal immigration or illegal emigration, tax evasion, import restrictions, export restrictions, providing contraband to prison inmates, or the theft of the items being smuggled. Smuggling is a common theme in literature, from Bizet's opera ''Carmen'' to the James Bond spy books (and later films) '' Diamonds Are Forever'' and '' Goldfinger''. Etymology The verb ''smuggle'', from Low German ''smuggeln'' o ...
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Scriptorium (website)
''Scriptorium'' is the digital library of the Cantonal and University Library of Lausanne, part of the University of Lausanne in the Swiss canton of Vaud. It was launched on 7 December 2012 and initially included more than a million pages of digital newspaper, digitized newspapers published in Vaud canton. All of the content is freely available to the public and the site allows full-text search through its entire collection. History It was launched on 7 December 2012 by the Cantonal and University Library of Lausanne (BCU), part of the University of Lausanne in the Swiss canton of Vaud, and initially included more than a million pages of digital newspaper, digitized newspapers published in Vaud canton. The initiative was done with the support of the Tamedia publishing group and the Swiss National Library, in an effort to preserve the history of the canton The first paper digitized was ''24 heures (Switzerland), 24 heures'' and its predecessor paper . In their annual report, BC ...
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24 Heures (Switzerland)
(, ) is a Swiss regional Swiss French, Swiss-French-language daily newspaper, published by Tamedia in Lausanne, Vaud. Founded in 1762 as a collection of announcements and official communications, it claims to be the List of the oldest newspapers, oldest newspaper in the world with uninterrupted publication. History was founded in 1762 by David Duret (1733–1803) as the , a weekly collection of announcements and classified ads like many at the time. It was then made a biweekly paper in 1851, and a triweekly the next year. In 1872, it became a daily, with editor Jean-Ulrich-Martin Allenspach. The paper later became the ' towards the end of the century, and integrated an independent news section on 16 December 1872. It became a public limited company in 1906. Marc Lamunière entrusted the modernization of the paper to Marcel Pasche, a creative director, in 1952. The paper adopted its current name in 1972. It was bought by Edipresse in 2002, before being bought by Tamedia in 2009 ...
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Jean Ziegler
Jean Ziegler (; born Hans Ziegler, 19 April 1934) is a Swiss former professor of sociology at the University of Geneva and the Sorbonne, Paris, and former vice-president of the Advisory Committee to the United Nations Human Rights Council. He was previously Member of the Swiss Parliament for the Social Democrats from 1981 to 1999. He has also held several positions with the United Nations, especially as Special Rapporteur on the Right to Food from 2000 to 2008, and as a member of the Advisory Committee of the UN Human Rights Council from 2008 to 2012. Ziegler has authored numerous works, is a lecturer, and is well known for this sentence: "A child who dies from hunger is a murdered child." Early life and teaching career Jean Ziegler was born on 19 April 1934 in Thun, Switzerland. His father was the president of the town's court and a reserve artillery colonel. Ziegler married and had one son. Ziegler originally was a member of a conservative swiss student group. Atossa A ...
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National Council (Switzerland)
The National Council (; ; ; ) is a house of the Federal Assembly (Switzerland), Federal Assembly of Switzerland, representing the people. The other house, Council of States (Switzerland), Council of States, represents the states, preventing more populous parts of the country overpowering the rest. As the powers of the houses are the same, it is sometimes called perfect bicameralism. Both houses meet in the Federal Palace of Switzerland in Bern. The national council comprises 200 persons. Adult citizens elect the council's members, who are called National Councillors, for four year terms. These members are apportioned to the Swiss cantons in proportion to their population. Organisation With 200 members, the National Council is the larger house of the Swiss legislature. It represents the people, the vote of each citizen having more or less the same weight, whereas the Council of States (Switzerland), Council of States represents the cantons - each of them having the same weight ...
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Christian Democratic People's Party Of Switzerland
The Christian Democratic People's Party of Switzerland (, CVP), also called the Christian Democratic Party (, PDC), Democratic People's Party (, PPD) and Swiss Christian Democratic Party (, PCD), was a Christian democracy, Christian democratic List of political parties in Switzerland, political party in Switzerland. On 1 January 2021, it merged with the Conservative Democratic Party of Switzerland (BDP/PBD) to form The Centre (political party), The Centre, which now operates at the federal level. The name Christian Democratic People's Party (CVP) was used by some cantonal and regional organisations until 2024. Its seats in the Federal Assembly (Switzerland), Federal Assembly were transferred to the new party, as was its sole seat on the Federal Council (Switzerland), Federal Council. The party was founded as the Catholic Conservative Party in 1912. It peaked in the 1950s, having three members of the Federal Council (1954–1958) before agreeing to the Magic formula (Swiss politic ...
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Ticino
Ticino ( ), sometimes Tessin (), officially the Republic and Canton of Ticino or less formally the Canton of Ticino, is one of the Canton of Switzerland, 26 cantons forming the Switzerland, Swiss Confederation. It is composed of eight districts and its capital city is Bellinzona. It is also traditionally divided into the Sopraceneri and the Sottoceneri, respectively north and south of Monte Ceneri. Ticino is the southernmost canton of Switzerland. It is one of the three large southern Alps, Alpine cantons, along with Valais and the Grisons. However, unlike all other cantons, it lies almost entirely south of the Alps and has no natural access to the Swiss Plateau. Through the main crest of the Saint-Gotthard Massif, Gotthard and adjacent mountain ranges, it borders the canton of Valais to the northwest, the canton of Canton of Uri, Uri to the north and the canton of Grisons to the northeast; the latter canton being also the only one to share some borders with Ticino at the level ...
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List Of Cantonal Executives Of Switzerland
This article lists the cantonal executives of Switzerland. Each canton of Switzerland has its own executive body, as well as legislative body. The Federal Council is the executive of the Swiss federal government, and is included for purposes of comparison. The cantonal executives are collegial bodies, each with 5 or 7 members. They are generally called ' (Executive Council) in German-speaking cantons and ' (State Council) in French-speaking cantons. General structure Presidents of the executives The above mentioned collegial bodies are formally chaired by a president. However those presidents are primus inter pares, that is a ''first among equals'' in the council; other than presiding over meetings and the ability to cast tie-breaking votes, the president only holds ceremonial powers. In the list below, unless otherwise noted, the official name of the office of president of the respective cantonal executive is ''Regierungsratspräsident'' (Government council president ...
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Pierre Aubert
Pierre Aubert (3 March 1927 – 8 June 2016) was a Swiss politician, lawyer and member of the Swiss Federal Council (1978–1987). Political career He was elected to the Swiss Federal Council on 7 December 1977 as member of the Social Democratic Party from the canton of Neuchâtel. He handed over office on 31 December 1987. After earning a law degree, he became an attorney-at-law in 1953. He began his political career as a member of the City Parliament of La Chaux-de-Fonds (1960–68), then served the Cantonal Parliament of Neuchâtel (1961–75) and was the President of the latter legislative body from 1969 until 70. Elected to the Council of States he sat in this chamber of the Federal Parliament until his election to the Federal Council in 1977. From 1974 to 1977, he belonged to the Parliamentary Assembly of the Council of Europe and was rapporteur for the admission of Portugal. He was the chancellor of the University of Neuchâtel from 1971 to 1977. During his time in office, ...
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Ministry Of Finance
A ministry of finance is a ministry or other government agency in charge of government finance, fiscal policy, and financial regulation. It is headed by a finance minister, an executive or cabinet position . A ministry of finance's portfolio has a large variety of names around the world, such as "treasury", "finance", "financial affairs", "economy" or "economic affairs". The position of the finance minister might be named for this portfolio, but it may also have some other name, like "Treasurer" or, in the United Kingdom, "Chancellor of the Exchequer". The duties of a finance minister differ between countries. Typically, they encompass one or more of government finances, economic policy and/or financial regulation, but there are significant differences between countries: * in some countries the finance minister might also have oversight of monetary policy (while in other countries that is the responsibility of an independent central bank); * in some countries the finance m ...
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