Lastminute.com has kicked off the search for a boss

Lastminute.com has kicked off the search for a boss

Lastminute.com has kicked off the search for a boss after its chief executive was taken into custody by Swiss authorities. 

Fabio Cannavale and operations chief Andrea Bertoli are being held as part of a probe into possible misuse of Covid state aid funds. 

The travel website said it had suspended both for at least three months. The investigation into misuse of pandemicrelated funds is focused on Lastminute’s Swiss operations, and whether it took unfair advantage of Switzerland’s equivalent of the furlough scheme. 

Chairman Laurent Foata said last week: ‘The company will work alongside the Swiss authority to quickly clarify matters.’ 

This post first appeared on Dailymail.co.uk

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

WE Soda abandons London IPO plans citing ‘extreme investor caution’ in fresh blow to the City

Chemicals producer WE Soda has cancelled its upcoming London float, prompting further…

HAMISH MCRAE: UK is poised to prove its worth

It is just over a year since share prices hit rock bottom…

A little known tax break could save you £250 a year and millions are missing out – how to claim

BRITS could reduce their tax bill by up to £252 through a…

Sainsbury’s is selling 1L Baileys for just £10 this Christmas

IS it really even Christmas Day until the Baileys makes its evening…