Eckart Seith, a Stuttgart-based lawyer known for his role in uncovering the Cum-Ex scandal, is set to appear in a Swiss court on December 9, 2024, facing charges of economic espionage. Seith previously assisted German financial authorities in recovering €460 million linked to the scandal. Despite his contributions, he now faces the possibility of imprisonment in Switzerland. The trial in Zurich has drawn attention to the extent of Swiss legal protections for banks, as Seith's actions have led to significant financial losses for state treasuries. The proceedings are expected to highlight the ongoing tensions between financial oversight and legal accountability in the banking sector.
Der Stuttgarter Anwalt Eckart Seith deckte illegale Anlagegeschäfte mit Milliardenschaden für Staatskassen nach. Die Schweizer Justiz macht ihm aber den Prozess und will seine Festnahme. Die frühere Cum-ex-Staatsanwältin Anne Brorhilker demonstriert. https://t.co/E1vXf639DM
Wie weit geht die Schweiz, um Banken zu schützen? Der Rechtsanwalt Eckart Seith steht erneut in Zürich vor Gericht. #SZPlus https://t.co/dbtSuYHMSm
Switzerland is nearing publication of a landmark political inquiry into the causes of Credit Suisse’s 2023 downfall https://t.co/NBnjTaTHhE