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Credit Suisse president Antonio Horta-Osorio allegedly violated Britain’s mandatory confinement rules when traveling to the country to watch the finals of the Wimbledon tennis tournament in July.
According to information received from two sources, this is the conclusion of preliminary investigation by the bank itself. to Reuters agency,
Horta-Osorio will travel from Switzerland, where he lives, to the United Kingdom on the weekend of 10 and 11 July 2021, to watch the final games of the Wimbledon tournament. At the time, the United Kingdom had restrictions on travelers arriving from several European countries, including Switzerland, requiring them to observe a 10-day quarantine upon arrival in the country – a rule the banker would not have followed.
The findings of the internal investigation were referred to a committee of the bank’s board of directors. It will be the committee that will decide whether the measures should be implemented on Horta-Osorio. The banker declined to comment on the matter when contacted by Reuters.
This is the second time that Horta-Osorio has been caught breaking rules related to COVID-19. He himself admitted that he had broken the rules imposing a ten-day quarantine period when he arrived in Switzerland in November this year. Horta-Osório landed on 28 November and left the country on 1 December, not even three full days in the country. The matter is being investigated by the Swiss authorities and you could face a fine of 5,000 Swiss francs (4,800 euros).