Swiss Attacked for Going Easy on Seizing Russian Billions

May 5, 2022, 4:36 PM UTC

The $7.6 billion in Russian assets seized to date by Swiss authorities is “insulting,” outspoken Kremlin critic Bill Browder said at briefing on Russian money in Switzerland.

It’s “a lot of money in absolute terms but Switzerland is one of the main destinations for dirty Russian money,” said Browder. Given the Swiss Bankers Association has said there’s as much as 150 to 200 billion Swiss francs ($202 billion) in Russian assets in the country’s banks “I would almost say it’s slightly insulting,” he said.

Browder, who has also highlighted what he perceives to be Swiss prosecutors’ soft approach to investigating ...

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