Bank CEO shot dead in underground garage


The suspect allegedly fled the scene in a Smart car.

Bloomberg News reports that Liechtenstein police are hunting a man Swiss radio reported is suspected of murdering the chief executive officer of Bank Frick & Co.

A 48-year-old man was shot dead in the underground garage of a financial institution in Balzers at 7:30 a.m. local time, the principality’s police said on its website.

The suspect, Juergen Hermann, allegedly fled the scene in a Smart car with Liechtenstein number plates, according to police. Neither the victim nor the institution were identified in the statement.

The deceased was Juergen Frick, CEO of Bank Frick & Co, Switzerland’s Radio 1 said in an e-mailed statement, citing employees of the bank. Calls to Bank Frick were answered by a voice-mail message saying the company is closed because of 'a death'. It gave no further details.

Hermann is a fund manager who has been embroiled in a dispute with the Liechtenstein government and Bank Frick for many years, Switzerland’s Radio 1 said.

Hit the link below to access the complete Bloomberg article:

Liechtenstein Police Hunt for Killer in Reported Investment Feud

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