Swiss assets of fugitive banker Pugachev are frozen

Swiss assets of fugitive banker Pugachev are frozen

The Swiss authorities have decided to freeze the assets of the former Head of the Mezhprombank (International Industrial Bank) Sergei Pugachev.

All assets of the former Senator and the Founder of the Mezhprombank Sergey Pugachev were frozen. The representative of the Swiss Prosecutor's Office Henri Della Kazu explained that this step was taken after consideration of Russia's request for legal assistance to the fugitive banker. Which assets are at stake and what their approximate price is he does not specified. Pugachev's lawyers did not comment on the decision of the Swiss authorities.

In May this year other assets of the former senator were arrested, in particular, in France, Luxembourg and the Cayman Islands. General claims to the banker in the case of the Mezhprombank is about 75 billion rubles.

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