Official: Switzerland blocked $1.07bn in Arab spring assets![]() October 16, 2012 - 15:37 AMT PanARMENIAN.Net - Switzerland has blocked nearly one billion Swiss francs ($1.07 billion) in stolen assets linked to dictators in four countries at the center of the Arab spring - Egypt, Libya, Syria and Tunisia - the Swiss foreign ministry said on Tuesday, Oct 16. Swiss authorities are cooperating with judicial authorities in Tunisia and Egypt to speed restoration of the funds, 700 million francs of which are tied to former President Hosni Mubarak and his entourage, said Valentin Zellweger, head of the international law department at the Swiss foreign ministry. "Today a total of one billion francs is blocked in the framework of Arab spring," he told a news briefing in Geneva, giving the latest figures for funds seized since early 2011, Reuters reported. Azerbaijani authorities report that they have already resettled 3,000 people in the Nagorno-Karabakh town of Stepanakert. On June 10, Azerbaijani President of Azerbaijan Ilham Aliyev will leave for Turkey on a working visit. Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. Partner news |