Ousted Credit Suisse Chairman Had Company Pay for Empty Private Jet Flights - The Daily Beast
The former chairman of Credit Suisse had the company pay for empty private flights on multiple occasions, The Wall Street Journal reportsAn internal review of company travel found that, after António Horta-Osório moved to Zurich last spring, he flew from there to London and Lisbon on several weekends, usually disembarking on a Thursday
The planes, paid for by Credit Suisse, would then return to Switzerland empty, fly back to Horta-Osório on Monday, and return him to Zurich, rather than waiting out the weekend
Horta-Osório’s use of company cash for empty planes reportedly hastened his ouster from the chairmanship