Novartis won't see criminal charges over Cohen payments

The Swiss attorney general’s office announced that it will not bring proceedings against Novartis in connection with $1.2 million in payments the drugmaker made to Michael Cohen, President Donald Trump’s personal lawyer, after the office received a criminal complaint alleging bribery of foreign public officials.

Novartis claims it struck a year-long contract with Cohen in 2017 to gain insights into the administration’s stance on healthcare, but has since called the contract a mistake.

The Swiss officials concluded that there was insufficient suspicion to justify opening criminal proceedings.

Read the Bloomberg report