According to sources, the Neue Zürcher Zeitung newspaper revealed that the volume of Russian assets frozen under the sanctions adopted by Switzerland has risen to around 9 billion Swiss francs, or the equivalent of 9.34 billion dollars.
This is about 1.5 billion Swiss francs, or 1.55 billion dollars, more than what the Swiss authorities announced on 7 April.
These sanctions are a clear departure from the country’s tradition of neutrality, as Switzerland has adopted EU sanctions against Russians involved in Moscow’s military operations against Ukraine.
Russia claims it has launched a “special military operation” to disarm Ukraine, while Kiev and its Western allies reject it as a false pretext for a war that has killed thousands and uprooted a quarter of the Ukrainian population.
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