US pressuring Switzerland to use frozen Russian assets for rebuilding Ukraine

The article refers to frozen financial assets worth almost $8 billion and 15 real estate facilities.

At the same time, as journalists note, confiscating funds of other countries or individuals is an extremely "delicate" matter for Switzerland.

According to the Swiss Bankers Association, Russian assets kept in Switzerland are estimated at $200 billion, but most of the funds belong to individuals who are not subject to international sanctions.

In addition, the confiscation procedure is not only politically sensitive, but also very complicated legally.

Against the backdrop of the debates on Russia’s money, the Swiss government decided to set up an ad hoc group to study that issue.

Source: The New voice of Ukraine