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Several employees and a former board member are said to have embezzled a large amount of money at the Letten Construction Cooperative (BGL).
Monday morning began with a bang in the office of the Letten Construction Cooperative (BGL). Several employees had to quit their jobs. Immediately. Without prior notice. RE.on board she had released. Then informed it is the rest of the approximately 15 employees on the reasons to act. A crisis psychologist was also at the scene.
The charge against the exempt is «Take advantage». Turns around «serious irregularities in the books» Y «large financial amounts»He says BGL-PPresident Ruedi Thoma. It is not more accurate. «We first want to wait for the outcome of the investigation.» The board of directors has commissioned an auditing firm to examine the allegations, which should present its findings in mid-December. Until then, that applies Presumption of innocence, says Thoma.
Suspicion is directed Equally against a former board member. The cooperative leaves the number of accused open.
“Shocking accusations”
Thoma first found out about a week and a half ago. Questions. Several people from «inner circle of BGL» I would have gone back to the blackboardto from «gross misconduct” to report. «The seriousness of the accusations surprised us.»says Thoma, who has been a member of the cooperative for 30 years it is. «We are now doing our best to get clarity asap.»
Thoma and two other board members were elected to the position this summer. «Also because we are new, the informants trusted us.» The other two directors who have been part of the committee for a long time have temporarily resigned. This is to ensure the independence of the investigation.
The Letten building cooperative, which is over 90 years old, has around 600 apartments with a focus on the Unterstrass district. During the last few years it was you Renovate various settlements. The current malaise bring the BGL is not in danger, says Thoma. «Our administration continues to function.» And in an emergency, you get support from the city. The latest annual report states that the BGL «on a solid foundation» stmarriage.
The allegations against the employees could have legal consequences, says Thoma. “If the suspicion is confirmed, we will take legal action.”
850,000 francs embezzled
The last public become The embezzlement case in a Zurich cooperative concerned the former president and managing director of the Zurich construction cooperative 2. He scammed his employer in around 850‘000 Franken (Read more here). Was allowed with the money a luxurious lifestyle. When the matter came to an end in 2014, the entire board resigned. The district court sentenced the man to three years in prison.that only had to partially serve.