Quantum Global Says Swiss Probe Over Angola Fraud Closed

  • U.K. freezing order on Quantum-managed assets reversed in 2018
  • Angolan charges against Bastos dropped earlier: Quantum
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Swiss prosecutors ended an investigation that had involved Jean-Claude Bastos and his company Quantum Global Group after Angolan prosecutors dropped a similar case earlier this year.

The Swiss case against “persons unknown” was closed around June 27, Quantum said in a statement Thursday. The Swiss Attorney General’s Office confirmed it closed its probe at the end of June after receiving word that Angolan prosecutors had dropped their charges in March.