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In Sion, interrogations of co-defendants isolate wealth manager Sébastien B.

In Sion, interrogations of co-defendants isolate wealth manager Sébastien B.

From Le Temps · () French

Translated from French, summarized and contextualized by DistantNews.

At a glance

News Sources not specified In the courts
  • Two co-defendants in the trial of wealth manager Sébastien B. stated they never sold certificates from the company at the heart of the case.
  • Sébastien B. expressed stress but maintained his innocence, appearing increasingly isolated.
  • The trial involves accusations of professional fraud, aggravated breach of trust, and aggravated disloyal management.

In the ongoing trial of former wealth manager Sébastien B., his two co-defendants have asserted they never sold certificates from the Dutch company central to the case. Both were questioned extensively over the past two days, reiterating their lack of involvement in sales. This stance appears to isolate Sébastien B. further as the trial enters its third day in Sion.

Sébastien B., facing charges of professional fraud, aggravated breach of trust, and aggravated disloyal management, admitted to feeling stressed but maintained his innocence. He was seen speaking privately with a childhood friend and former business associate, who is also a co-defendant. The associate, who became his partner in 2008, is now also answering to the charges after more than a decade of investigation.

I am not a salesman by nature. I never sold or offered a certificate to anyone.

— Co-defendantThe co-defendant's statement during interrogation, denying any involvement in selling certificates.

"I am not a salesman by nature. I never sold or offered a certificate to anyone," the associate stated during his interrogation. This defense, echoed by the other co-defendant, places increased scrutiny on Sébastien B.'s role and actions. The case revolves around the alleged fraudulent sale of certificates, with the prosecution building its argument against the three men.

Of course I am stressed. We are still human beings.

— Sébastien B.Sébastien B.'s comment on his emotional state during the trial.
DistantNews Editorial

Originally published by Le Temps in French. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.