Yanukovych's accounts blocked

Switzerland, Australia and Lichtenstein have all made moves to investigate funds deposited in their accounts by former Ukrainian leader Viktor Yanukovych.

Swiss authorities say they have ordered a freeze on the assets of ousted Ukrainian leader Viktor Yanukovych and his multi-millionaire son and launched a criminal probe into alleged money-laundering by the pair.

Yanukovych and his coal magnate son Oleksandr are on a list of 20 Ukrainian officials including former ministers being targeted by the authorities in Switzerland.

Liechtenstein followed suit on Friday and also froze the bank accounts of the same officials.

Austria announced it also had moved against 18 Ukrainian officials suspected of violating human rights and involvement in corruption.

Austrian media reported the group included former ministers but said it was not known if Yanukovych or his family had any funds in the country.

Yanukovych, 63, fled to Russia after the bloody culmination of three months of protests by anti-government demonstrators.

Ukrainians, grappling with an economy on the brink of default, were shocked by the breathtaking opulence of Yanukovych's vast country estate which was flung open for all to see when he went into hiding on Saturday.

Switzerland, Liechtenstein and Austria are popular havens for the - sometimes ill-gotten - fortunes of the rich and powerful.

"The Federal Council wishes to take all measures necessary to avoid the risk of any misappropriation of financial assets of the Ukrainian state," the Swiss government said in a statement.


Share

2 min read

Published

Updated

Source: AAP



Share this with family and friends


Get SBS News daily and direct to your Inbox

Sign up now for the latest news from Australia and around the world direct to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Download our apps
SBS News
SBS Audio
SBS On Demand

Listen to our podcasts
An overview of the day's top stories from SBS News
Interviews and feature reports from SBS News
Your daily ten minute finance and business news wrap with SBS Finance Editor Ricardo Gonçalves.
A daily five minute news wrap for English learners and people with disability
Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS
SBS World News

SBS World News

Take a global view with Australia's most comprehensive world news service
Watch the latest news videos from Australia and across the world