"The Assembly expresses serious concern that, following the Swiss Federal Supreme Court’s ruling of 5 December 2025 declaring the proportional confiscation method unlawful and ordering recalculation, the Swiss authorities did not refreeze the funds held by Denis Katsyv. According to banking records reported by SWI on 18 April 2026, Katsyv transferred approximately CHF 6 million from his UBS accounts to banks in Armenia and Israel on 12 February 2026.
After the Supreme Court ruled the confiscation method unconstitutional, authorities failed to refreeze. Within two months CHF 6m left Switzerland. Funds that should have been secured pending recalculation are now beyond Swiss jurisdiction.