Illegal borrowing by Vaud municipalities (Swiss Press Text 2018, by Stéphanie Arboit) - Swiss Press Award
Quotidien 24 heures, print + web
Text
2018
Stéphanie Arboit
To incur debt, municipal executives must obtain the green light from elected officials. However, they often do without, believing they are free to do so. In reality, these practices are completely illegal. My attention was drawn to the case of Veytaux, which, without requesting authorization from its municipal council, borrowed 1 million (out of a budget of 6 million).
