December 22, 2023

The chairman of Credit Suisse, Antonio Horta-Osório, broke Covid rules for a second time and may have committed a criminal offence in order to attend the Wimbledon tennis finals in London in July, it has emerged.

The latest breach, first reported by Reuters, was discovered through a preliminary investigation by Credit Suisse’s legal team, which found that the former Lloyds Banking Group chief executive broke British quarantine rules by attending the Wimbledon tournament on 10 and 11 July.

The Portuguese banker had flown in from Switzerland, which had been on the UK government’s amber list of countries that required arrivals to isolate for 10 days.

Breaching quarantine rules is a criminal offence, according to UK government guidance, which states that police could issue offenders with fines starting at £1,000 and rising to £10,000 for repeat offences.

A government spokesperson would not comment on individual cases, but explained breaches could also result in jail time in some circumstances. “Passengers are responsible for ensuring they comply with all travel rules, including providing accurate information on their passenger locator form, and failure to do so could lead to a fine or imprisonment.”

The news comes just weeks after Horta-Osório admitted that he breached Covid rules in Switzerland at the end of November, having flown out of the country within three days of arriving on 28 November, despite being required to quarantine for 10 days.

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