Skiplink Navigation

Main Features

Money laundering Swiss freeze CHF170 million in Ukrainian funds

Yanukovych was forced out of office in February


Switzerland has blocked at least CHF170 million ($193.3 million) in assets belonging to former Ukrainian president Viktor Yanukovych and about 30 of his associates as part of money laundering probes.

The Federal Prosecutor’s Office confirmed on Tuesday the amount of the confiscated funds held in Swiss bank accounts. Two of Yanukovych’s sons as well as former Ukrainian government ministers and their families have been targeted by the measures.

The office in March opened five investigations against people suspected of money laundering. A separate probe against Yanukovych and his entourage is underway in Geneva.

Officials said the office did not act upon a specific request by the interim government in Kiev, but because of a reasonable suspicion of money laundering.

The Ukrainian government has said loans worth CHF32 billion had disappeared from state coffers under Yanukovych regime. Part of it has allegedly been sent out of the country during the former president’s three-year rule. But it is not clear how much of this money is illegal. and agencies


Neuer Inhalt

Horizontal Line

swissinfo EN

The following content is sourced from external partners. We cannot guarantee that it is suitable for the visually or hearing impaired.

Join us on Facebook!

subscription form

Form for signing up for free newsletter.

Sign up for our free newsletters and get the top stories delivered to your inbox.

Click here to see more newsletters