Switzerland initiates confiscation of frozen assets of individuals associated with ex-president of Ukraine Viktor Yanukovych. This is stated in the message on the page of the Swiss government.

It is reported that the Federal Council decided to proceed with administrative proceedings for the confiscation of assets frozen in Switzerland after the Ukrainian revolution in February 2014 in the amount of more than 130 million Swiss francs (more than 131.6 million euros). These assets were the subject of criminal proceedings in Ukraine, Kyiv turned to the Swiss authorities with letters of request for mutual assistance and confiscation.

“With this action, Switzerland supports Ukraine. Today's decision is completely unrelated to the sanctions against Russia adopted in 2022,” the government stressed..

The purpose of the proceedings is to confiscate the assets of politicians and persons associated with them from the circle of former President Viktor Yanukovych. These assets, according to Swiss officials, are of illegal origin..

The assets will remain frozen until the final decision of the Swiss administrative justice system on confiscation.

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In December last year, the Supreme Anti-Corruption Court ruled to confiscate the property of fugitive President Viktor Yanukovych..

And in February, the SAC sentenced an accomplice of the forester Yanukovych to 10 years with confiscation of property in the case of exporting timber.