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5/4/11

Swiss freeze euro 648 million ($1bn) in Gaddafi, Mubarak, Ben Ali assets

Swiss Foreign Minister Micheline Calmy-Rey said some euro 648 m (830m Swiss francs) had been discovered. Of that, the largest proportion - euro 320 (410m SFr) - was linked to former Egyptian President Hosni Mubarak and his circle, the minister said.

Another euro 280 m (360m SFr) was believed to belong to Col Gaddafi's regime. A further euro 47m (60m SFr) was tied to former Tunisian leader Zine al-Abidine Ben Ali and his associates.

For more: BBC News - Swiss freeze $1bn in Gaddafi, Mubarak, Ben Ali assets

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