24 August 2011 15:25 [Source: ICIS news]
LONDON (ICIS)--A Swiss court has reduced the prison sentences of two former EMS-Chemie employees who last year were convicted of defrauding the chemicals producer of Swiss franc (Swfr) 13m ($16m, €11m), the Switzerland-based firm said on Wednesday.
In an appeals case, the court reduced the sentence for
Between 1995 and 2004, the two had defrauded EMS through falsification of documents, money laundering and misuse of data processing equipment,
($1 = €0.69, $1 = Swfr0.79, €1 = Swfr1.14)
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