Swiss Authorities Detain Lastminute.com CEO in Covid Aid Abuse Probe

Lastminute.com's top executives, including founder and CEO Fabio Cannavale and Chief Operating Officer Andrea Bertoli, are being held by Swiss authorities as part of an investigation into whether the Amsterdam-based online travel company misused Swiss-provided Covid-relief funds.

Lastminute.com stated Saturday that a Swiss court "partially approved the remand of four persons, including Fabio Cannavale (CEO) and Andrea Bertoli (COO), for a maximum duration of up to seven weeks. The only other manager who was still being questioned was released."

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