In the company of the former chief compliance officer of Société Générale, the former boss of the bank in Geneva Guillaume Lejoindre was sentenced on May 31 by the Federal Criminal Court (TPF).

The former chief compliance officer of the establishment specializing in wealth management is also sanctioned in the case of the 713 million dollars stored by a Russian oligarch. They are accused of a "violation of the obligation to communicate", an article of the law on money laundering which obliges banks to alert the authorities when a "founded suspicion" appears in a business relationship. Are targeted here the many "red flags" ignored around the 713 million dollars deposited in the coffers of the French bank by the Russian oligarch Sergei Pugachev, between 2008 and 2009. Sentenced for the first time in June 2020 by the Federal Department des finances (DFF), just before the statute of limitations, they both appealed and obtained a halving of their fine, to 15,000 francs for the former managing director, now retired, and to 30,000 francs for the former Chief Compliance Officer.