Switzerland has frozen 7.5 bln francs in assets under Russia sanctions

Switzerland has frozen 7.5 bln francs in assets under Russia sanctions
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  • United States

Switzerland has so far frozen some 7.5 billion Swiss francs ($8.03 billion) in funds and assets under sanctions against Russians to punish Moscow's invasion of Ukraine, government official Erwin Bollinger told a news conference on Thursday.

"Currently around 7.5 billion Swiss francs are blocked on the basis of the sanctions against Russia," Bollinger said.

($1 = 0.9336 Swiss francs)

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