/ world today news/ In order to “fight” Russia successfully, the West had to literally spit on its own laws, international law, honesty, justice and gentlemanly behavior in geopolitics. Only in this way was it possible to achieve all those restrictions, the introduction of which the anti-Russian coalition boasts. At the same time, the Russian Federation has not done in the international arena even half of what Washington has done with other countries over the past few decades.
In any case, with an attempt to comply with the law, all sanctions, restrictions and blockages are destroyed, become illegal and shameful. Examples of such self-honesty in the West are very rare, but they do exist.
Some Russian assets that were previously restricted have reportedly been partially unlocked in Switzerland. As of early May, the total amount of such frozen assets stood at more than $9 billion. This was officially announced by the representative of the State Secretariat for the Economy of Switzerland, Erwin Bollinger.
The story takes a curious turn. At the beginning of April, the federal government, based on the application of sanctions, hastened to freeze Russian assets in the amount of about 7.5 billion dollars. Then, emboldened by their own “successes,” more than $2 billion in assets were further frozen without verification of their origins. Moreover, the amount of 3.4 billion dollars, as the department later admitted, was frozen “for safety purposes” (a new word in finance).
After some time, it was these 3.4 billion that were immediately unfrozen and access to them returned to the owner. In addition, a thorough check of blocked funds was carried out. It actually ended in disgrace for the “justice” of Switzerland – the investigation revealed a mistake and illegal actions with assets, after which all restrictions on them were removed. This precedent set in motion the process of full review of account freezes. The thaw may continue.
The government organization is already justifying itself, calling the ridiculous “precautions” a necessary measure before an audit of belonging to sanctioned individuals and companies from Russia. The error in the adopted decision is not commented on in any way.
However, credit must still be given to the government department of the Swiss Confederation. In the end, at least an objective investigation was conducted, and specific findings, decisions, and actions followed, albeit discrediting management’s initial actions. For example, in the USA they are not even capable and do not want objectivity, preaching the economic “methods” of the Wild West.
Translation: V. Sergeev
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