Switzerland, A Paradise For Russian Money
After 18 months of war in Ukraine, the massive sanctions against the Russian economy seem to be ineffective. Private jets and mansions, bank accounts and financial assets: in the hunt for oligarchs and the freezing of Russian assets, Switzerland has come in for heavy criticism from the international community. Thanks to an unprecedented data leak, this investigation reveals the scale of the scandal and sheds light on the weakest link in these sanctions: Swiss private wealth managers. Who are they? What is the extent of the Russian wealth they have managed to kept hidden? How compliant really were the Swiss authorities? How do the U.S. and Europe intend to counter-attack to force the hand of complicit Swiss banks? Investigation in the foodsteps of Swiss shadow bankers.
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