Accessibility/Mobile Features
Skip Navigation
Skip to Content
Editorial News
Classified Sites

The Canadian Press - ONLINE EDITION

Swiss prosecutors launch money-laundering probe against Ukraine's Yanukovych, son

Ukraine's fugitive president Viktor Yanukovych speaks in Rostov-on-Don, Russia, Friday, Feb. 28, 2014. THE CANADIAN PRESS/AP, Pavel Golovkin

Enlarge Image

Ukraine's fugitive president Viktor Yanukovych speaks in Rostov-on-Don, Russia, Friday, Feb. 28, 2014. THE CANADIAN PRESS/AP, Pavel Golovkin

GENEVA - Authorities in Switzerland announced Friday they have launched a corruption probe against Ukraine's fugitive president Viktor Yanukovych and his son Aleksander, and blocked all the potential assets that might be hidden in the Alpine nation.

The Geneva prosecutors' office said in a statement that the criminal investigation concerned "aggravated money laundering."

"Chief prosecutor Yves Bertossa and members of the financial police conducted a search in the morning of Feb. 27 at the premises of a company owned by Aleksander Yanukovych," prosecutors said. Documents were seized, but the prosecutor said no further details of the investigation would be provided.

Separately, the nation's governing Federal Council, which includes the president and six other ministers, said Friday it has decided to block all assets Yanukovych and his entourage might have in Switzerland, effective immediately.

Through the action, the Council said in a statement that it "wishes to avoid any risk of misappropriation of Ukrainian state assets."

Switzerland has been at pains to prevent foreign leaders from using the country's secretive banks as places to hide and launder ill-gotten funds.

In recent years the Alpine nation has frozen accounts linked to former members of the deposed governments in Egypt, Tunisia and Libya.

  • Rate this Rate This Star Icon
  • This article has not yet been rated.
  • We want you to tell us what you think of our articles. If the story moves you, compels you to act or tells you something you didn’t know, mark it high. If you thought it was well written, do the same. If it doesn’t meet your standards, mark it accordingly.

    You can also register and/or login to the site and join the conversation by leaving a comment.

    Rate it yourself by rolling over the stars and clicking when you reach your desired rating. We want you to tell us what you think of our articles. If the story moves you, compels you to act or tells you something you didn’t know, mark it high.

Sort by: Newest to Oldest | Oldest to Newest | Most Popular 0 Commentscomment icon

You can comment on most stories on brandonsun.com. You can also agree or disagree with other comments. All you need to do is register and/or login and you can join the conversation and give your feedback.

There are no comments at the moment. Be the first to post a comment below.

Post Your Commentcomment icon

Comment
  • You have characters left

The Brandon Sun does not necessarily endorse any of the views posted. Comments are moderated before publication. By submitting your comment, you agree to our Terms and Conditions. New to commenting? Check out our Frequently Asked Questions.

letters

Make text: Larger | Smaller

Brandon Sun Business Directory
Submit a Random Act of Kindness
Why Not Minot?
Welcome to Winnipeg

Social Media