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Reuters
Reuters
Business

Criminal complaint filed against UBS over DRC-linked funds

FILE PHOTO: The logo of Swiss bank UBS is seen at a branch office in Zurich, Switzerland, June 22, 2020. REUTERS/Arnd Wiegmann/File Photo

Three organisations have filed a criminal complaint to federal prosecutors in Switzerland, alleging a failure to exercise due diligence at UBS in relation to funds they say were received by an alleged associate of former Congolese president Joseph Kabila.

The complaint, filed by Swiss campaign group Public Eye, alongside two other groups, relates to a possible failure to exercise due diligence regarding financial transactions within the largest Swiss bank.

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