Bernhard Loetscher News Today

A concert cellist linked to Russian President Vladimir Putin moved millions of francs through Swiss bank accounts without any proper checks, Swiss prosecutors said on Wednesday at the start of a trial of four bankers accused of helping him.

Prosecutors alleged that Sergey Roldugin, a close friend of the Russian president, deposited millions of francs in Swiss bank accounts between 2014 and 2016. The four bankers - three Russians who worked in Zurich and one Swiss - appeared at Zurich District Court on Wednesday and denied charges of lacking diligence in financial transactions.

Prosecutors made the comments in a trial of four bankers accused of helping Russian cellist Sergey Roldugin. The musician is a friend of Russian President Vladimir Putin.