Luxury property seized in Ticino

Wednesday, 11 May 2022 06:30

The government has seized a luxury villa on the shores of Lake Maggiore owned by a Putin supporting Russian Senator, Andrei Klishas.

The property is 1,000 m2 and locals say it’s been uninhabited for years – with the exception of gardeners and cleaners. It was bought in 2008.

Klishas was placed on a sanctions list back in 2014 for supporting the annexation of Crimea.

The State Secretariat for Economic Affairs says 11 Russian owned properties have been seized so far and a total of CHF 7.5bn in assets.

More from Bitesize News

New covid variant being monitored

A new coronavirus variant is being closely monitored.
Traffic already heavy

Holiday traffic is building up at one of Switzerland’s key transit routes.
Property tax change coming in 2029

Switzerland is set to overhaul how homeowners are taxed, with major changes coming at the end of 2028.
Karin Keller-Sutter looks to sue Grok

The finance minister has taken legal action in a case that could set a precedent for AI accountability.
Top court rules protestors' fines stand

The Federal Court has upheld convictions against climate activists over a major protest in Zurich.
Bern considers US defense contracts

Switzerland could reconsider a key defense purchase amid growing uncertainty.