Peskov Unaware of Switzerland's Asset Confiscation Ruling
Russia's presidential press secretary Dmitry Peskov said he was unaware of Switzerland's statement confirming no legal basis for confiscating frozen Russian assets. Switzerland stated it lacks legal grounds to seize Russian assets obtained legally or central bank assets.
Consensus
- Dmitry Peskov, Russian president's press secretary, stated he was not aware of Switzerland's statement regarding frozen Russian assets.
- Switzerland's State Secretariat for Economic Affairs (SECO) acknowledged there are no legal grounds for confiscating frozen Russian assets.
- The Swiss government confirmed it lacks legal basis to seize Russian private assets obtained legally or Central Bank of Russia assets.
- The value of frozen Russian assets in Switzerland reached 8.5 billion Swiss francs ($10.4 billion) by June 2026.
Points of divergence
- The value of frozen Russian assets in Switzerland was 7.4 billion Swiss francs ($8.4 billion) a year earlier. — vedomosti
- An arbitration court in Moscow partially upheld a claim against Belgium's Euroclear Bank, awarding over $194.2 million in July 2025. — vedomosti
- The Moscow arbitration court case was initiated in May 2025 and related to the blocking of securities in 2022 due to international sanctions. — vedomosti
- The claim was filed by LLC 'Specialized Financial Society 'Silicium-2' against Euroclear Bank. — vedomosti
- The court case involved securities held at the National Settlement Depository. — vedomosti
- The court case was related to the blocking of assets due to international sanctions. — vedomosti
- The court partially satisfied the claim and awarded over $194.2 million. — vedomosti
- The court case was heard on 28 July 2025. — vedomosti
- The claim sought more than $2.2 billion. — vedomosti
- The court case was initiated due to the blocking of securities in 2023. — vedomosti
- The court case was related to assets held at the National Settlement Depository. — vedomosti
- The court case was related to sanctions imposed in 2022. — vedomosti
Coverage (2 sources)
- Peskov Refused to Comment on Switzerland's Statement on Confiscation of Russian Assets — Вести
- Peskov does not know about Switzerland's decision regarding frozen Russian assets — Ведомости
Key entities
- Russia
- Dmitry Peskov
- Switzerland
- Moscow
- Kremlin
- Switzerland (SECO)
- State Secretariat
- State Secretariat for Economy
- Ratcliffe Press Secretary
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