Jacques Moretti, owner of the Crans-Montana bar that was the site of a deadly fire on January 1, has been released from custody. The court announced the cancellation of his pre-trial detention on Friday after payment of bail. + Get the most important news from Switzerland in your inbox The court set bail at CHF200,000 ($249,000), an amount requested by the public prosecutor's office and deemed appropriate and dissuasive by the compulsory measures court (Tribunal du Magistrature). The sum was transferred to the account of the Public Prosecutor's Office on the same day, it added. The court reached this conclusion after "a new assessment of the risk of flight and after examination of the origin of the funds and the nature of the relationship between the accused and the person who paid this amount, who is one of his close friends," the court added. The court did not announce the time or date of Jacques Moretti's release, insisting that he would not answer any questions. The court had ...