Swiss President opposes confiscation of Russian assets in favor of Ukraine because it contradicts the right to property

Swiss President opposes confiscation of Russian assets in favor of Ukraine because it contradicts the right to property

On Tuesday, Ignazio Cassis, Chairman of the Swiss Federal Council, spoke out against the confiscation of sanctioned Russian assets because, in his opinion, it contradicts the fundamental right of property for democracies. This was reported by The Guardian.

 

"The right of property, the right to property is a fundamental right, a human right," Cassis said in Lugano, where the two-day conference on Ukraine's reconstruction concluded, adding that such rights can only be violated if there is a legitimate reason.

 

"We have to make sure that citizens have protection from the power of the state. That's what we call liberal democracies," the Swiss president said.

 

Cassis said the law allows assets to be frozen to clarify their ownership and verify their connection to war or other crime, but called for the principle of proportionality.

 

"We must pay the most important attention to the fundamental right of the people, because now we can make a decision that is ideal for the situation in Ukraine, but create the possibility of making the same decisions in other situations, and give too much power to the state by taking it away from the citizen," he added.





On Tuesday, Ignazio Cassis, Chairman of the Swiss Federal Council, spoke out against the confiscation of sanctioned Russian assets because, in his opinion, it contradicts the fundamental right of property for democracies. This was reported by The Guardian.

 

"The right of property, the right to property is a fundamental right, a human right," Cassis said in Lugano, where the two-day conference on Ukraine's reconstruction concluded, adding that such rights can only be violated if there is a legitimate reason.

 

"We have to make sure that citizens have protection from the power of the state. That's what we call liberal democracies," the Swiss president said.

 

Cassis said the law allows assets to be frozen to clarify their ownership and verify their connection to war or other crime, but called for the principle of proportionality.

 

"We must pay the most important attention to the fundamental right of the people, because now we can make a decision that is ideal for the situation in Ukraine, but create the possibility of making the same decisions in other situations, and give too much power to the state by taking it away from the citizen," he added.