Money laundering: statute of limitations shields Cramer & Cie bank from prosecution for hosting bribes from Brazil

AI justification

Swiss authorities shielded a bank from prosecution for money laundering despite admitting guilt, undermining rule of law. | The Swiss federal prosecutor acknowledged objective money laundering conditions were met in the Cramer & Cie case, yet the bank evaded prosecution due to statute of limitations and procedural failures. This outcome undermines accountability for financial crimes linked to systemic corruption in Brazil, eroding trust in institutions and the rule of law. The judicial delays an