Home » Takeover of Credit Suisse – Audit Committee of the Council of States recommends PUK – News

Takeover of Credit Suisse – Audit Committee of the Council of States recommends PUK – News

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Takeover of Credit Suisse – Audit Committee of the Council of States recommends PUK – News

  • After days of negotiations behind closed doors, the Audit Committee of the Council of States (GPK-S) recommended a parliamentary commission of inquiry (PUK).
  • Next is the so-called office of the Council of States, probably on Wednesday. It must also formally vote for a PUK, after which the business can go to the two councils.
  • In March, the office of the National Council unanimously voted in favor of proposing the establishment of a PUK to Parliament.

According to the Zug FDP Council of States Matthias Michel, the President of the GPK-S, the decision for a PUK was made by a large majority. It was agreed that an in-depth investigation was needed. There were also votes for an investigation by the business audit committee. According to Michel, however, the vast majority found that a PUK was the right way, given the extraordinary dimensions of the incidents.

Matthias Michel: “Important preliminary decision”

It can be assumed that the office of the Council of States – with vote counters, president and vice-presidents of the Council of States – will adhere to the recommendation of the GPK-S. This will probably decide on Wednesday. “The fact that the office of the Council of States waited until we form our opinion shows that the office of the Council of States attaches great importance to our opinion,” says Michel. A “weighty preliminary decision” was made today.

A PUK can do that


open box
Box zuklappen

A PUK is Parliament’s strongest instrument. It is used when there is a suspicion that something has gone wrong in the machinery of the federal government. The law stipulates that a PUK is made up of an equal number of members from the National Council and the Council of States, and these reflect the strength of the parliamentary group. In contrast to traditional parliamentary commissions, a PUK has special powers. It can question witnesses and inspect the minutes of Federal Council meetings. So far there have only been four PUKs.

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If this votes in favor of the appointment of a PUK, the office of the National Council will then draw up a draft dismissal that defines the task and budget of the PUK. This then goes to the National Council in the summer session at the earliest, and later to the Council of States. Both councils must agree to the establishment of a PUK.

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