A Bulgarian river cruise ship met with a mishap on Saturday (Mar 30) on the Danube river in Austria when it collided with a lock. Seventeen passengers aboard the vessel sustained injuries due to the incident.

According to reports, the vessel lost steering control and collided with the sides of a lock. A lock is a device used for raising and lowering boats between stretches of water and are constructed to enable the passage of boats through sections with varying elevations.&nbsp;

Eleven of the injured individuals were transported to nearby hospitals. However, the severity of their injuries are yet to be determined, as per a police spokesperson, reported Reuters.&nbsp;

Moreover, six others people sustained minor injuries.&nbsp;

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The incident occurred as the ship, carrying approximately 160 passengers, was en route from Bavaria, Germany to the Austrian city of Linz.

Most of the passengers aboard the ship were from Germany, a report said.

Notably, the vessel encountered difficulties while it was navigating through narrow locks around 9:45 pm on Friday (Mar 29). Later, there was a temporary loss of power to its electronic systems. Because of the situation, the ship was rendered unsteerable.

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By the time the power on the ship was restored, the vessel had already collided.

<h2>Incident near Aschach</h2>

It hit the concrete sides of the lock passage near Aschach. 
 
Aschach, a few miles upstream from Linz, is a region located in the Lower Bavaria region of Germany and is situated along the Danube River, one of Europe's major rivers flowing through many countries and serving as an important transportation route for the region.&nbsp;

Fortunately, the vessel sustained only minor damages and was able to proceed to its next port.

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Authorities have launched an investigation into the cause of the electrical power failure, as per reports.&nbsp;

(With inputs from agencies)

A Bulgarian river cruise ship met with a mishap on Saturday (Mar 30) on the Danube river in Austria when it collided with a lock. Seventeen passengers aboard the vessel sustained injuries due to the incident.

A Bulgarian river cruise ship met with a mishap on Saturday (Mar 30) on the Danube river in Austria when it collided with a lock. Seventeen passengers aboard the vessel sustained injuries due to the incident. According to reports, the vessel lost steering control and collided with the sides of a lock. A lock is a device used for raising and lowering boats between stretches of water and are constructed to enable the passage of boats through sections with varying elevations. Eleven of the injured individuals were transported to nearby hospitals. However, the severity of their injuries are yet to be determined, as per a police spokesperson, reported Reuters. Moreover, six others people sustained minor injuries. Also Read | Who was Ali Abed Akhsan Naim? Top Hezbollah commander in Lebanon eliminated by Israel The incident occurred as the ship, carrying approximately 160 passengers, was en route from Bavaria, Germany to the Austrian city of Linz. Most of the passengers aboard the ship were from Germany, a report said. Notably, the vessel encountered difficulties while it was navigating through narrow locks around 9:45 pm on Friday (Mar 29). Later, there was a temporary loss of power to its electronic systems. Because of the situation, the ship was rendered unsteerable. Also Read | Moscow terror attack: 15-year-old who saved over 100 lives receives medal By the time the power on the ship was restored, the vessel had already collided. Incident near Aschach It hit the concrete sides of the lock passage near Aschach. Aschach, a few miles upstream from Linz, is a region located in the Lower Bavaria region of Germany and is situated along the Danube River, one of Europe's major rivers flowing through many countries and serving as an important transportation route for the region. Fortunately, the vessel sustained only minor damages and was able to proceed to its next port. Watch | Senegal President Faye's two first ladies | Senegal's first polygamous President × Authorities have launched an investigation into the cause of the electrical power failure, as per reports. (With inputs from agencies)

Bulgarian river cruise ship collides with lock on Danube river, 17 passengers injured

Switzerland-based Credit Suisse seems to have landed in trouble recently. In a Swiss court on Monday, the investment banking company will face charges of allowing an alleged Bulgarian cocaine trafficking gang to launder millions of euros. Some of it seems to have been stuffed into suitcases. &nbsp;

According to the Swiss prosecutors, the country’s second-biggest bank and a former relationship manager of the organisation did not take all the required steps to prevent the alleged drug traffickers from hiding and laundering cash from 2004 to 2008. &nbsp;&nbsp;

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In what is the first criminal trial of a major bank in Switzerland, the prosecutors are seeking around 42.4 million Swiss francs in compensation from the bank. &nbsp;

The indictment in the case runs into over 500 pages. It centres on the relationships that Credit Suisse and its ex-employee had with former Bulgarian wrestler Evelin Banev and multiple associates. In the case, a second indictment charges a former relationship manager at Julius Baer with facilitating money laundering. &nbsp;&nbsp;

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Credit Suisse has said that it would “defend itself vigorously in court”. &nbsp;&nbsp;

In a statement to Reuters, the bank said, “Credit Suisse unreservedly rejects as meritless all allegations in this legacy matter raised against it and is convinced that its former employee is innocent.” &nbsp;

(With inputs from agencies)&nbsp;

Switzerland-based Credit Suisse seems to have landed in trouble recently. In a Swiss court on Monday, the investment banking company will face charges of allowing an alleged Bulgarian cocaine trafficking gang to launder millions of euros.

Switzerland-based Credit Suisse seems to have landed in trouble recently. In a Swiss court on Monday, the investment banking company will face charges of allowing an alleged Bulgarian cocaine trafficking gang to launder millions of euros. Some of it seems to have been stuffed into suitcases. According to the Swiss prosecutors, the country’s second-biggest bank and a former relationship manager of the organisation did not take all the required steps to prevent the alleged drug traffickers from hiding and laundering cash from 2004 to 2008. Also Read: At Charles’s coronation, Camilla to get Queen Elizabeth II’s priceless 1937 Koh-i-Noor crown In what is the first criminal trial of a major bank in Switzerland, the prosecutors are seeking around 42.4 million Swiss francs in compensation from the bank. The indictment in the case runs into over 500 pages. It centres on the relationships that Credit Suisse and its ex-employee had with former Bulgarian wrestler Evelin Banev and multiple associates. In the case, a second indictment charges a former relationship manager at Julius Baer with facilitating money laundering. Also Read: Trendy look? Belgium starts to issue passports with country's comic strip heroes’ images Credit Suisse has said that it would “defend itself vigorously in court”. In a statement to Reuters, the bank said, “Credit Suisse unreservedly rejects as meritless all allegations in this legacy matter raised against it and is convinced that its former employee is innocent.” (With inputs from agencies)

Credit Suisse to face money laundering charges in trial for aiding alleged Bulgarian cocaine traffickers

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