Credited from: SCMP
Two Swiss lawmakers, Raphael Mahaim and Greta Gysin, have requested an examination by prosecutors into whether gifts presented to U.S. President Donald Trump, which include a Rolex watch and a gold bar, adhered to Switzerland's anti-bribery laws. This probe comes on the heels of a recent agreement to reduce tariffs on Swiss goods from 39% to 15%, established just ten days after a Swiss business delegation visited Trump with these gifts, according to reports from Reuters, South China Morning Post, and Channel News Asia.
Mahaim and Gysin expressed their concerns through a letter to the public prosecutor, emphasizing the need for a detailed legal review of the situation, arguing, “The end does not justify all means, especially when respect for important provisions of our legal order is at stake.” They have raised questions regarding potential violations of the Swiss Criminal Code, as Switzerland's laws stipulate that offering a foreign public official an "undue advantage" can result in up to five years imprisonment or a fine, according to Reuters, South China Morning Post, and Channel News Asia.
Executives from renowned Swiss firms, including MSC, Rolex, Partners Group, Mercuria, Richemont, and MKS, participated in the meeting with Trump. A source closely following the matter indicated that the gifts were presented in full compliance with both U.S. and Swiss laws and were vetted by the White House ethics counsel prior to the meeting. However, the public prosecutor has not yet confirmed whether a criminal inquiry will commence, which raises queries about the legal implications of the recent tariff deal, as noted by Reuters, South China Morning Post, and Channel News Asia.