Switzerland has frozen assets possibly belonging to Hosni Mubarak, who stepped down as president of Egypt Friday after 30 years of rule, a spokesman for the foreign ministry said.
“I can confirm that Switzerland has frozen possible assets of the former Egyptian president with immediate effect,” spokesman Lars Knuchel said, declining to specify how much money was involved.
In recent years, Switzerland has worked hard to improve its image as a haven for ill-gotten assets and has also frozen assets belonging to Tunisia’s former President Zine al-Abidine Ben Ali as well as those of Ivory Coast’s Laurent Gbagbo.
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(Source: Reuters)
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One Response
This is such a Swizz!
All of a sudden the world Cowards – Gaurdians of Peace and preachers of morals turn up to do good!
Where were they when these dictators were in power? Why do they wait until they step down to freeze their accounts? Freezing the money of dictators in power may actually retain and control them a little!
Now that they have woken up, what about the assets of all the other world renown dictators? Those of Saudi Arabia, UAE, Kuwait, Qatar, Iran, Syria, Jordan, Morocco, Turkmanistan, Kahzakstan, Azerbejan, Belarusia, Moldova, China, North Korea, Burma, Zimbabwe, Sudan, Yemen and the list goes on!