Categories: Politics

Tracking down oligarchs’ money: Greens demand to join Russian task force

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Russian oligarchs have been put through the wringer, but not all the money in bank accounts in the West has been sanctioned. Pictured is a sanctioned Russian oligarch’s $375 million yacht seized in the United States.

Switzerland is thereby torpedoing a united European approach to Putin’s war of aggression. Only by joining the Repo Task Force (Repo for Russian Elites, Proxies and Oligarchs) can it be ensured that Switzerland no longer serves as a refuge and safe haven for Russian oligarchs and their money, the media in Bern was told on Friday said. .

Party chairman Balthasar Glättli emphasized Switzerland’s inglorious role: so far only 7.5 billion francs of money from the Russian oligarchs has been blocked. However, it is estimated that 150 to 200 billion francs of Russian funds have been deposited in Switzerland.

The National Council will vote next week on a motion by the Greens that Switzerland should quickly join the task force.

(SDA)

Source:Blick

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