Former UBS Executive Deceived by Girl and, Lawyer Says


A bear trap ?

Juerg Buergin, a former executive director of operations at UBS in Singapore, was deceived by an underaged prostitute and her pimp into believing she was 18, according to his lawyer.

Bloomberg reports that the girl, now 20, wasn’t a victim and should testify publicly, Buergin’s lawyer Selva Naidu told a Singapore subordinate court Tuesday on the first day of the Swiss national’s trial.

Judge Eddy Tham agreed with prosecutors that she give evidence privately.

Buergin, 41, is the first of 51 men charged by police for having paid sex with the girl to stand trial. At least 18 men, including a member of the Shaw family that built an Asian movie production and real estate empire, have been sentenced to jail after admitting to paying for sex with a minor.

Reuters has reported that prostitution is not against the law in the city-state, which has an active and barely concealed sex industry, but having paid sex with someone under the age 18 is a crime.

Buergin, previously the Singapore country head of operations at UBS's investment banking unit, faces two charges of paying for sex with the underage girl.

The former bank executive is out on bail.

Agence France-Presse reports that prosecutors said Tuesday that he booked the prostitute, who went by the name 'Chantelle' on an escort agency website, on two occasions in September 2010 and January 2011 and met her at a luxury hotel.

Ex-UBS Executive Deceived by Girl and Pimp, Lawyer Says

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