Jill Kinloch is a professional teacher with a school in Thurgau, near the St.Gallen Wil. “I’ve been organizing golf trips for 20 years,” writes Kinloch on your website.
A regular customer of Kinloch was Pierin Vincenz. When he was Raiffeisen boss, Vincenz Kinloch hired him repeatedly, a source says.
Golf trips were also on the agenda. In a private jet it is said to have gone to Florida; with professional teacher Kinloch on board.
The weekly trip went into the money. And the bill? To Raiffeisen, according to the insider. The bank does not want to comment on this.
“Raiffeisen Switzerland has not commented on the ongoing process,” said a spokeswoman. Jill Kinloch did not respond to email questions.
The fraud trial once morest Vincenz and other defendants will be concluded today and tomorrow in Zurich’s Volkshaus, which has been converted into a court stage.
Depending on the trip, Nadja Ceregato is said to have been on board the private jet. The then wife of Pierin Vincenz and former top lawyer at the bank likes to play golf herself.
She is fighting today before the Zurich district court for the release of blocked millions. Pierin Vincenz had transferred this to her from his PK assets, whereupon the public prosecutor’s office blocked the account at Migros Bank.
Expensive golf trips on business expenses play a role in the charges brought by the Zurich economic prosecutor. The investigators write in their 370-page document regarding a trip to Mallorca 10 years ago:
“PV flew to Mallorca on March 28, 2012 in a private jet operated by Jet Aviation. PV did not have any business appointments in Mallorca.”
“PV made this trip to play golf in Mallorca with his friend UW and other participants.”
The expenses were manageable back then. Vincenz used 570 francs on “his company credit card for (…) non-business related” payments.
In spring 2013 we went once more to the Balearic Islands to play golf. According to the public prosecutor, the trip was organized by partner UW, and half a dozen other friends were there.
This time Vincenz had Raiffeisen pay a good 3,000 francs for his private expenses from the employer Raiffeisen, once more using his company credit card, the prosecution notes.
It is the presumption of innocence.
On the first day of the trial at the end of January, Vincenz described most of the expenses as business-related. Individuals, such as a first-class flight for his girlfriend, were erroneously paid for by Raiffeisen.
Of course he would refund the money. When asked by the judge how he financed his life, the ex-top banker gave his AHV pension.
