Switzerland refuses to hand over frozen Russian assets to Ukraine

Swiss economy minister Parmelan has said that the transfer of Russian assets to Ukraine would violate the law.


mosregtoday.ru
Swiss Minister of Economic Affairs, Education and Research Guy Parmelin said in an interview with Matin Dimanche that the transfer of Russian assets frozen in Switzerland to Ukraine would violate the constitutionally guaranteed right to property.

“In Switzerland, the right to property is fundamental and guaranteed by the Constitution. Thus, taking money from one country or individuals from one country to transfer to another seems impossible given the existing legal framework,” the minister said.

Parmelan added that even the US, which could exert pressure, has not yet made this decision itself.

“We are a legal state. We are bound by the Constitution and the laws in force,” the minister concluded.

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