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You are here : World News – Russian opinion» WORLD» Frozen assets in Switzerland Qaddafi publicly owned

Frozen assets in Switzerland Qaddafi publicly owned

Posted By Russian Opinion. Under WORLD  Tags: Switzerland, the banks and credit  

Swiss Foreign Ministry on Monday said that the country's banks are frozen deposits Gaddafi on the sum of 360 million francs (about 415 million dollars). It was also reported on the freezing of deposits of former Egyptian President Hosni Mubarak in the amount of 410 million francs (about $ 470 million) and former President of Tunisia Zine El Abidine Ben Ali – 60 million francs (about $ 69 million). "Money in bank accounts abroad are part of the foreign investment portfolio of the government. If even one penny of this money belongs to the leader … you can take it and give it to anyone ", – quotes Reuters the words Qaim. According to him, the accounts in Swiss banks by the Libyan Government deployed about 25 million francs. Relations between Switzerland and Libya deteriorated in July 2008 when police arrested the son of Geneva of Hannibal Qaddafi on charges of beating a servant. Libya then withdrew from the Swiss banks for more than five billion dollars. Later the charges were dropped, and received an official apology to Gadhafi. In mid-February in Libya began mass demonstrations calling for the withdrawal of the ruling the country for more than 40 years, Gadhafi, who later turned into an armed confrontation between government forces and rebels. UN Security Council March 17 adopted a resolution calling for the introduction of no-fly zone over Libya and opens the possibility of foreign military intervention in the situation in this North African country. Start March 19 operation by coalition forces involved, in particular, Britain, France, USA, Canada, Belgium, Italy, Spain, Denmark, Norway. In late March the command of the operation was transferred to NATO.

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