PERSPECTA

News from every angle

swissinfo

Switzerland’s crackdown on dirty money has a blind spot

By swissinfo.ch

Switzerland freezes assets, returns illicit funds and provides legal assistance to foreign governments seeking to recover stolen wealth. Has Switzerland ceased to be a safe haven for the fortunes of corrupt heads of state and their families? Only partly. Here are the key facts. Returning assets linked to corruption is a complex and often lengthy process. Switzerland holds a unique position in this field but has also acquired a somewhat dubious reputation. One reason lies in the sheer complexi...