Switzerland, Austria block any possible Yanukovych assets

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Associated Press

Posted on February 28, 2014 at 10:03 AM

Updated Friday, Feb 28 at 11:03 AM

GENEVA (AP) — Authorities in Switzerland and Austria are moving to block any assets that Ukraine's fugitive president and his son might have hidden there.

Switzerland's governing Federal Council says it will block any assets that Viktor Yanukovych (yah-noo-KOH'-vich) and his entourage might have in Switzerland, effective immediately.

Austria says it's freezing any bank accounts it finds for Yanukovych, his son and 16 others linked to Ukraine's former government.

Austria's Foreign Ministry says the move is meant to make sure that no money is taken from their accounts pending a decision by the European Union on whether Yanukovych and his closest associates should face sanctions.

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