Switzerland’s public prosecutor has announced recently that it was investigating associates of Ukraine’s former President, Mr Yanukovych for money laundering. The names of the alleged infringers have not been disclosed. The opening of these proceedings follow the recent freezing orders issued by Switzerland against the former Ukrainian President Yanukovych, his family and other associates closely connected to him. Read more about the recent measures taken by Switzerland, EU, US, Canada, Austria and Lichtenstein in this context in our previous client alert.
