A key email between Philipp Hildebrand, the former chairman of the Swiss National Bank, and his financial adviser was seen by neither the central bank’s governing council nor auditors investigating his financial dealings, the FT says. The investigation formed the basis for a statement by the central bank’s council in December clearing Mr Hildebrand of any wrongdoing. Following his resignation on Monday, Mr Hildebrand released correspondence between him, his wife Kashya and Felix Scheuber, their adviser at Bank Sarasin, a private Swiss bank. Some of the exchanges had been made available to the central bank and PwC for use in the internal investigation. However, an email in which Mr Schueber countered Mr Hildebrand’s claim that he was unaware of his wife’s plans to buy dollars was not provided to the central bank until January 5.

This entry was posted by Kate Mackenzie on Wednesday, January 11th, 2012 at 4:47 and is featured in The 6am Cut London (11 Jan 2012), The Lunch Wrap (11 Jan 2012) . Tagged with kashya hildebrand, Philipp Hildebrand, snb, Swiss National Bank. Edit this entry.