Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > Swiss prosecutors order detention of owner of bar in deadly blaze
    Headlines

    Swiss prosecutors order detention of owner of bar in deadly blaze

    Published by Global Banking & Finance Review®

    Posted on January 9, 2026

    4 min read

    Last updated: January 20, 2026

    Swiss prosecutors order detention of owner of bar in deadly blaze - Headlines news and analysis from Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:insurancefinancial crisisrisk managementinvestmentfinancial community

    Quick Summary

    Swiss prosecutors detain a bar owner after a fire in Crans-Montana killed 40 people. The investigation focuses on safety oversight failures and accountability.

    Table of Contents

    • Investigation into the Deadly Fire
    • Details of the Incident
    • Reactions from Authorities
    • Victims and Community Response

    Owner of Swiss Ski Resort Bar Detained After Deadly Fire Incident

    Investigation into the Deadly Fire

    By Emma Farge and Cecile Mantovani

    Details of the Incident

    MARTIGNY, Switzerland, Jan 9 (Reuters) - Swiss prosecutors said on Friday they had ordered one of the two owners of a ski resort bar where a fire on New Year's Day killed 40 people to be detained due to flight risk, with local media saying the order had been carried out.

    Reactions from Authorities

    Prosecutors are investigating the French owners on suspicion of crimes including homicide by negligence, while victims' families have filed legal complaints over the fire at the "Le Constellation" bar in Crans-Montana in the Canton of Valais.

    Victims and Community Response

    Shortly after Swiss newspaper 24 Heures reported that one of the couple, Jacques Moretti, has been remanded in custody, prosecutors said they had issued an order for him to be held.

    Under Swiss law, a person is held in custody until a court rules within 48 hours on whether their detention is warranted.

    The Valais police declined to comment. 

    Early on Friday, Jacques and Jessica Moretti entered the prosecutors' office in the town of Sion for a hearing. Hours later, video footage from Swiss broadcaster RTS showed Jessica Moretti leaving without her husband.

    “My thoughts are constantly with the victims of this unimaginable tragedy that took place in our establishment, and I would like to apologise to all the victims and those who are still struggling today,” she said.

    Swiss authorities have designated Friday a national day of mourning and church bells rang out across the country to honour victims.

    The couple has said they would cooperate fully with the investigation. More than half of those who died were teenagers and a further 116 people were injured, many of them seriously.

    Several French and Italian citizens were among the dead, and Italy's Prime Minister Giorgia Meloni called for stern punishment to be meted out to those responsible for the blaze.

    Italian President Sergio Mattarella and French President Emmanuel Macron joined Swiss leaders, victims' families and firefighters carrying white roses at a ceremony on Friday in the town of Martigny, where a minute's silence was held.

    Dozens of people also stood near the shuttered bar in nearby Crans-Montana in silence, heads bowed under heavy snowfall.

    Authorities placed hundreds of letters, teddy bears and bouquets of flowers for the fire victims beneath a protective igloo.

    POLITICIANS CALL FOR FULL ACCOUNTABILITY

    Speaking at the Martigny ceremony, Swiss President Guy Parmelin said he hoped that those responsible for the fire would be brought to account "without delay or leniency".

    That must also include relevant political authorities, said Mathias Reynard, head of the Valais government.

    Speaking in Rome on Friday, Meloni pledged to help the families of the Italian victims find justice.

    "What happened in Crans-Montana is the result of too many people not doing their job or thinking they were making easy money. Those responsible must be identified and prosecuted."

    Witnesses and prosecutors have said the blaze appeared to have been started by the use of sparkling candles that set foam soundproofing on the basement ceiling alight.

    Questions remain about oversight at the bar, which the local mayor admitted this week had missed multiple safety checks.

    Prosecutors said last weekend that the legal criteria to detain the bar's owners had so far not been met.

    In a January 6 statement, the owners said: "We are devastated and overcome with grief, our thoughts are constantly with the victims, their loved ones who have been bereaved so brutally and prematurely, and all those who are fighting for their lives."

    Twenty-one of the dead were from Switzerland, seven from France, and six from Italy. A Swiss-French dual national and a French-British-Israeli national were also among the dead.

    (Reporting by Cecile Mantovani in Sion, Emma Farge in Geneva and Dave Graham in Zurich, additional reporting by Umit Bektas in Crans Montana, Manuel Ausloos and Alvise Armellini in RomeEditing by Gareth Jones)

    Key Takeaways

    • •Swiss prosecutors detain bar owner after deadly fire.
    • •Fire at 'Le Constellation' bar killed 40 people.
    • •Victims' families file legal complaints.
    • •Authorities call for accountability and justice.
    • •Investigation focuses on safety oversight failures.

    Frequently Asked Questions about Swiss prosecutors order detention of owner of bar in deadly blaze

    1What is negligence?

    Negligence is a failure to take proper care in doing something, which results in damage or injury to another person. In legal terms, it refers to a breach of duty that leads to harm.

    2What is homicide by negligence?

    Homicide by negligence occurs when a person causes the death of another through a negligent act, failing to exercise the level of care that a reasonable person would under similar circumstances.

    3What is a legal complaint?

    A legal complaint is a formal document filed in a court that outlines the plaintiff's allegations against the defendant, seeking a legal remedy for the issues raised.

    More from Headlines

    Explore more articles in the Headlines category

    Image for Hungary's opposition Tisza promises wealth tax, euro adoption in election programme
    Hungary's opposition Tisza promises wealth tax, euro adoption in election programme
    Image for Thousands protest in Berlin in solidarity with Iranian uprisings
    Thousands protest in Berlin in solidarity with Iranian uprisings
    Image for Farmers report 'catastrophic' damage to crops as Storm Marta hits Spain and Portugal
    Farmers report 'catastrophic' damage to crops as Storm Marta hits Spain and Portugal
    Image for French justice opens Epstein-linked probe against former culture minister
    French justice opens Epstein-linked probe against former culture minister
    Image for If US attacks, Iran says it will strike US bases in the region
    If US attacks, Iran says it will strike US bases in the region
    Image for Suspected saboteurs hit Italian rail network near Bologna, police say
    Suspected saboteurs hit Italian rail network near Bologna, police say
    Image for Olympics-Protesters to rally in Milan denouncing impact of Winter Games
    Olympics-Protesters to rally in Milan denouncing impact of Winter Games
    Image for Olympics-Biathlon-Winter Games bring tourism boost to biathlon hotbed of northern Italy
    Olympics-Biathlon-Winter Games bring tourism boost to biathlon hotbed of northern Italy
    Image for US pushes Russia and Ukraine to end war by summer, Zelenskiy says
    US pushes Russia and Ukraine to end war by summer, Zelenskiy says
    Image for Russia to interrogate two suspects over attempted killing of general, report says
    Russia to interrogate two suspects over attempted killing of general, report says
    Image for Russia launches massive attack on Ukraine's energy system, Zelenskiy says
    Russia launches massive attack on Ukraine's energy system, Zelenskiy says
    Image for Ukraine backs Pope's call for Olympic truce in war with Russia
    Ukraine backs Pope's call for Olympic truce in war with Russia
    View All Headlines Posts
    Previous Headlines PostWingtech pursues international arbitration against Dutch state over Nexperia seizure
    Next Headlines PostRussia fires hypersonic missile at target in Ukraine near NATO border