Swiss order freeze on I.Coast's Gbagbo's funds

19th January 2011, Comments 0 comments

Switzerland decided Wednesday to block any funds held in the country by Ivory Coast strongman Laurent Gbagbo, Foreign Minister Micheline Calmy-Rey said.

The government "has decided to block any possible funds of Ivory Coast president Laurent Gbagbo with immediate effect," said Calmy-Rey, who is also serving as Swiss president this year.

With the move, the government prevents Switzerland's financial centre from serving as a refuge for any possible "illegally-obtained assets owned by Gbagbo" and his entourage, added Swiss authorities in a statement.

© 2011 AFP

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