As the Sunday paper from the UBS Board of Directors-learn circles, one would welcome it, if Iqbal Khan pulls out his criminal charges back. It was directed against three private detectives who had been tailing him during his last weeks with the former employer, Credit Suisse . The procedure entails from the point of view of the Supreme Board of the UBS major hazards – not only for Khan, the new Co-head of the asset management division, but also for the Bank.
The Board of Directors is concerned that in connection with the shading affair always new Details to be known, which could also be a burden Khan. Embarrassing would be for Khan, even if the Prosecutor’s office would set the procedure after months of inconclusive.
In General, high level managers waive, in similar cases, on a display. Because you have to assume that, sooner or later, known to the public. In the case of Khan, and two days passed before the affair was made public. Since then he has been engaged with a lawyer and a PR consultant is very active in the matter.
More investigations are also without display
Still, the bankers did not think of to let the past rest, to hear what his environment is. At UBS, the sounds differently. The Bank writes in a Statement: “The ongoing criminal proceedings, we do not Express any opinion, the UBS Board of Directors has no official Position. We are very happy to have Iqbal Khan in our Team. He focuses fully on his role at UBS, and is in a lively exchange with employees, clients and customers.” For all of the encouragement – the fact is, however: Until now, Khan is not yet traveled to customers abroad and had no large staff event.
From a legal point of view, you can drag Khan to the criminal complaint and his lack of interest in further investigations to explain. But this would not mean necessarily that the criminal case against the accused is set. Are affected three employees of the private detective Agency Investigo and several CS people.
It is also a question of official offences – for example, to the suspicion of coercion or the illegal recording of conversations. Such offenses can keep track of the state Prosecutor in charge, even if Khan takes back the display. But there is also the possibility of the procedure to write off, because without a Victim is not interested in further investigation.
This Text is from the current issue. Now all of the articles in the E-Paper of the Sunday newspaper, read: App for iOS App for Android – Web-App
Created: 26.10.2019, 19:06 PM
