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2018

The PostBus subsidy affair

PostBus Switzerland Ltd hits the headlines as it emerges that its accounting practices between 2007 and 2018 did not comply with subsidy law. PostBus reimburses the injured parties – the Confederation, cantons, municipalities – for the amounts lost, in full and with interest. In addition, PostBus makes voluntary repayments for illegitimately received subsidies that have already lapsed under law. This represents a major step for Swiss Post in rectifying the matter and is a fundamental requirement for a fresh start.

A Postbus against an industrial background