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Swiss To Seize Salinas Money

October 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.

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