ZURICH, May 8 Swiss authorities have identified 130 alleged violations of the sanctions regime against Russia, head of the Swiss State Secretariat for Economics (SECO) Helene Budliger-Artieda said in an interview with the Tages-Anzeiger newspaper .
«Currently, there are 130 alleged cases (bypassing sanctions. — Note ed.). In 29 cases, they led to the initiation of cases of an administrative offense and administrative-criminal cases, 14 of which were completed,» she said.
According to the head of SECO, in 36 cases there were no grounds for initiating cases, and investigations are ongoing for the remaining possible attempts to circumvent sanctions.
Switzerland has joined almost all European restrictive measures since February 24 last year. Thus, Bern blocked Russian assets in the amount of 7.5 billion Swiss francs ($8.1 billion). At the same time, as local media wrote, Credit Suisse blocked or froze more than a third of Russian assets registered in Switzerland — 17.6 billion francs (more than 19 billion dollars). In total, according to the publication SonntagsZeitung, about $50 billion of Russian funds have been declared in the country.
Russia has repeatedly stated that the West lacks the courage to acknowledge the failure of the sanctions against Moscow. There are more and more opinions that the restrictions introduced are ineffective. /konfiskatsiya-1867851230.html» data-title=»Don't expect payouts. Russians have begun to massively freeze their accounts»>