(adds dropped part of company name in third paragraph)

ZURICH (Reuters) -Switzerland’s attorney general has fined Swiss private bank J. Safra Sarasin SA 3.5 million Swiss francs ($4.3 million) under a years-long corruption and money laundering case surrounding Brazilian state oil company Petrobras, it said on Friday.

In a statement, the highest Swiss prosecutors’ office said the bank had settled with Petrobras, a claimant in the case, for 16 million francs and that no further compensation payment was therefore due.

Safra Sarasin said the prosecutors’ “ordinance does not constitute an admission of guilt or an acceptance of civil or criminal liability on the part of the bank or any of its representatives”.

A former Safra Sarasin employee was also sentenced to a suspended custodial senten

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