login | registration | forgot the password
today 01.10.2016 06:11
(by Kyiv time)


Kharkiv Human Rights Group Social Networking

Switzerland to freeze Yanukovych’s assets


Swizerland’s Federal Council has decided to freeze money held in Swiss bank accounts by Viktor Yanukovych and people linked with him.  André Simonazzi, spokesperson for the Federal Council, the country’s Cabinet of Ministers, says that an order to this effect is to be issued on Friday. 

It is not clear how much money is involved, nor what is meant by Yanukovych’s “entourage”, however the spokesperson said that banks would need to be careful when handling assets held by Ukrainians and communicate any suspicions regarding the accounts.

According to the Wall Street Journal, one of the many media publications reporting the news, the freeze is initially for three years, though can be extended. 

Ukrainians have finally had a chance to see - and assess the money spent on - the sumptuous estates of Yanukovych, his close associate and prosecutor general, Viktor Pshonka, and others.  Taste is distinctingly lacking, however the money they lavish upon themselves given the relative poverty of the country and its economic ills, has made a deep impression. 

see also:
MPs vote to condemn violence and ban “anti-terrorist operation”
EU introduces targeted sanctions
Real Measures from Democratic Countries needed now
Titushki and Bercut riot police on the attack
Blood and Berkut Sniper Bullets on the President’s Hands
Mustafa Dzhemiliev on Maidan: I’m proud of you, dear fellow Ukrainians
Berkut snipers aimed at protesters
Waiting for more bloodshed?
Open threats and covert plans as ‘hostage law’ deadline nears
Ruling majority takes hostages through new “amnesty law”
Ruling party absolves Berkut of liability for Nov 30