The news release below claims that the US treasury has confiscated funds in a Swiss bank and the bank will tranfer them to the treasury.Just how does one legally arrange things like this? These are funds blocked under UN sanctions. What right has the US to take them and why would the bank agree? Isnt this headline news? The release is from a mainstream info site on Switzerland.
Cheers, Ken Hanly http://www.swissinfo.org/sen/Swissinfo.html?siteSect=161&sid=1715459
