Switzerland has so far frozen some 7.5 billion Swiss francs ($8.03 billion) in funds and assets under sanctions against Russians to punish Moscow’s invasion of Ukraine, government official Erwin Bollinger said on Thursday.
Highlights
- Switzerland has so far frozen some 7.5 billion Swiss francs ($8.03 billion) in funds and assets under sanctions against Russians.
- Assets included money in frozen bank accounts and properties in four Swiss cantons, official says.
- Switzerland adopted European Union sanctions against Russian involved in Moscow’s invasion of Ukraine on Feb.
- Ukraine President Volodymyr Zelenskiy last month heaped pressure on Switzerland to more quickly identify and freeze assets of hundreds of sanctioned Russians.
- Swiss officials met Ukrainian government representatives on Wednesday to discuss implementation of the sanctions, but he gave no details.