Switzerland finds no reason to suspect Artyom Chaika of illegal deals

Foreign Minister comments the Switzerland's refusal to open a case

Investigators in Switzerland have found no evidence indicating illegal deals in the country involving businessman Artyom Chaika, the son of Russian Prosecutor General Yury Chaika.

"The study of the issue led the relevant agencies to reach a conclusion that there are no reasons to suspect any illegal deals. No doubt, the necessary steps would have been made if there were grounds for that," Swiss Foreign Minister Didier Burkhalter told a press conference, commenting on the information on Switzerland's refusal to open a case against Chaika at Alexei Navalny's request.

At the same time, he said Switzerland has strict regulations preventing money laundering.

"As to money laundering in Switzerland specifically, we probably have one of the strictest anti-money laundering legislations. It includes rules and laws established by supervisory bodies, and also rules followed by self-regulating organizations, specifically, banks," Burkhalter said.

He said "a preliminary investigation" had been opened against Artyom Chaika.

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