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Frozen Russian assets climb

Wednesday, 2 April 2025 06:30

Frozen assets include luxury cars (file image)

The amount of frozen Russian assets in Switzerland is climbing. It now stands at CHF 7.4bn - up more than 1 and a half billion from last year.

That’s even despite some funds having been unfrozen as legal conditions had not been not met. 

The increase is due to additional assets being identified by the Office of the Attorney General, suspected of money laundering and sanction violations. 

In addition to cash, the state has also seized 14 properties, top-end cars, planes, art works and musical instruments. 

 

 

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