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Switzerland must freeze Russian oligarchs’ accounts, says Polish PM

  • March 22, 2022

 Switzerland must freeze the accounts of Russian oligarchs in the country and confiscate their assets, the Polish prime minister said on Monday during a visit to Warsaw by Swiss President Ignazio Cassis.

In a bid to force a Russian military withdrawal from Ukraine, Western countries have imposed numerous sanctions, including freezing the Russian central bank’s assets.

“They must be frozen, the assets of Russian oligarchs in Switzerland must be confiscated and I called on the president to see to it that Switzerland approaches this topic decisively,” Mateusz Morawiecki told a news conference.

Cassis said Switzerland had adopted European Union sanctions against hundreds of people, including many oligarchs.

“They cannot dispose of their assets. If they own companies in Switzerland, be it in the commodities sector or elsewhere, these companies are also concerned by the measures. There have already been bankruptcies,” he said.

Source: https://www.reuters.com/world/switzerland-must-freeze-russian-oligarchs-accounts-says-polish-pm-2022-03-21/

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