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CRIME

Former Swiss banking lobby chief convicted in $101 million Kuwaiti bribery and money laundering scheme

September 8, 2026 · American Frontline News Staff

Pierre Mirabaud, the 77-year-old former president of Switzerland's banking lobby, was convicted of bribery and aggravated money laundering after funneling more than $101 million in payments to a Kuwaiti pension official in exchange for hundreds of millions in state assets...

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