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Kempinski hotel chain accuses ex-CEO of stealing 6m francs

Published Mon, Nov 9, 2015 · 09:50 PM

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Geneva

THE Swiss luxury hotel chain Kempinski is pressing criminal charges against its former president and chief executive officer Reto Wittwer, who is suspected of embezzling around US$6 million, it confirmed on Sunday.

A spokeswoman for the group, headquartered in Geneva, confirmed a report in the SonntagsZeitung weekly stating that Mr Wittwer is suspected of pocketing around six million Swiss francs (S$8.5 million).

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