2023-08-16 05:44:48
Published on August 16, 2023 at 07:44. Modified on August 16, 2023 at 07:47.
Did Swiss political parties have time to collect their annual donation from Credit Suisse (CS) before the bank was taken over by UBS on March 19, 2023? This is the question of 1 million francs, a sum that CS declares to devote annually to political donations. Remember that the campaign for the federal elections this fall is the first to obey rules of transparency in the financing of political life. The parties must make public the donations received from 15,000 francs no later than September 7, ie 45 days before October 22, the Sunday of the elections.
To these questions, the parties provide a range of answers, sometimes embarrassed. Transparency, some already practice it. The green liberal party “has not made a donation request to Credit Suisse for the year 2023”, replied its secretariat. In the past, “we have received funds from both UBS and Credit Suisse. On average over the last ten years, this is approximately 30,000 francs per year for Credit Suisse and 45,000 francs per year for UBS.” At the Centre, the sums were higher, but the ex-PDC will do without it in 2023. “In the context of the fall of Credit Suisse and its takeover by UBS, The Center has neither requested nor received any funding from Credit Suisse in 2023, its spokesperson told us. Credit Suisse and UBS are long-time donors to our party. Until last year, the usual annual amount for each was in the range of 150,000 to 200,000 francs.
Interested in this item?
Do not miss any of our content published daily – subscribe now from 9.- CHF for the first month to access all our articles, files, and analyses.
CONSULT THE OFFERS Good reasons to subscribe to Le Temps: Consult all content unlimited on the site and the mobile application Access the paper edition in digital version before 7 a.m. Benefit from exclusive privileges reserved for subscribers Access to archives
Already subscribed? To log in
1692167788
#Credit #Suisse #lost #million #francs #national #politics
