Ex-Credit Suisse CEO appeals ex-housekeeper's acquittal in coercion case

Former Credit Suisse CEO Tidjane Thiam has announced on Instagram that he will appeal against the acquittal of his former housekeeper, stating that he believes the judgement was incorrect. +Get the most important news from Switzerland in your inbox On Tuesday, the Meilen District Court acquitted Thiam’s former housekeeper of the charge of coercion. The woman had sent an email to Thiam demanding CHF 587,000 ($676,106), offering to settle their differences. She implied that, failing this, she would inform trade unions and the International Olympic Committee, of which Thiam was a member at the time. Thiam wrote on Instagram that he had been implicitly threatened with damage to his reputation in connection with the demand for a substantial sum of money. Despite the evidence presented, the court acquitted his former employee. +Swiss salary illusion: precarious cost of living sets off alarm bells Working conditions as the trigger The judge justified the acquittal by explaining that ...