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Reuters
Reuters
Business

Lastminute.com execs have detention extended as probe continues

The chief executive and chief operating officer of Lastminute.com, subjects of a criminal investigation into the possible abuse of state aid for firms hit by pandemic lockdowns, have had their period in investigative custody extended up to Nov. 29, the online travel company said on Monday.

Both Chief Executive Fabio Cannavale and Chief Operating Officer Andrea Bertoli were suspended from the company for three months on July 25, after the probe was launched by prosecutors in the southern Swiss canton of Ticino.

The probe is also trying to identify whether there have been any irregularities concerning short-time work allowances to certain Swiss subsidiaries related to the COVID-19 pandemic.

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