Swiss To Seize Salinas Money
Oct. 20, 1998
BERN, Switzerland (AP) _ Switzerland has ordered the confiscation of more than $100 million in accounts belonging to the brother of former Mexican President Carlos Salinas de Gortari, the federal prosecutor's office said Tuesday.
Most of the money _ $89.9 million _ is frozen in Swiss bank accounts. But the office is also requesting that Britain seize $24.5 million.
The office ``holds that the frozen funds in Swiss bank accounts _ of which Raul Salinas is a co-owner _ constitute in part the criminal proceeds of protection payoffs,'' it said in a statement.