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Money

May 06, 2025 14:06 GMT

Swiss government freezes Ukrainian assets

Almost 140 million euros (170 million Swiss francs) in assets were frozen by Swiss authorities. The money and goods belong to former Ukrainian president Viktor Yanukovich, his son and a few former members of his government.

 

The figures were revealed by authorities in Bern and the news was confirmed by the Swiss federal prosecutor. All frozen bank accounts and assets belong to 20 men, the former president's family and 18 other senior Ukrainian officials. Allegedly, Yanukovich smuggled assets from Ukraine to gather an opulent estate.

 

Same officials confirmed there are seven cases involving suspicious money laundering opened in Geneva. Two for the Yanukovic family and five more on those closes to the former Ukrainian president.

 

Although the Swiss government has not confirmed the exact value of all frozen assets, the figure is based on some information revealed by financial authorities.