Free Republic

BERLIN — The Swiss government on Wednesday said it will initiate proceedings to confiscate more than 100 million francs ($104 million) in assets of a close associate of former Ukrainian President Viktor Yanukovych. Switzerland’s governing Federal Council said it is providing support to Ukraine as Kyiv is facing “certain difficulties” in its efforts to confiscate the money, which have been compounded by the current war. But it said the move is unrelated to sanctions imposed on Russia this year. The government said the assets of Yanukovych associate Yuriy Ivanyushchenko and family members were frozen in Switzerland following the ouster of...