Wednesday, March 29, 2023

Anti-mafia criminal article against oligarchs

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Anti-mafia criminal article against oligarchs

Legal basis for Russian funds to Ukraine exists

According to criminal lawyer Mark Pieth, the Swiss legal basis for using Russian funds for Ukraine is in place. To do this, however, the federal government would have to classify Russian President Vladimir Putin and oligarchs close to the Kremlin as criminal organizations.

Published: 06:49 am


Updated: 3 minutes ago

Emeritus professor of criminal law Mark Pieth sees ways in which Switzerland can use Russian money to rebuild Ukraine. (archive image)

According to Article 72 of the Criminal Code, assets can be confiscated “which are subject to the power of disposal of a criminal or terrorist organization,” said Pieth in an interview with Tamedia newspapers on Monday.

“Oligarchs who fill Putin’s war chest would be collaborators in a similar way to the mafia’s henchmen,” he said. Switzerland would also have to check with each oligarch whether and to what extent he is still considered a supporter of the Kremlin.

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