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Arab Spring-linked dirty-money probe dropped by Swiss prosecutors

( April 13, 2022, 09:59 GMT | Official Statement) -- MLex Summary: A money-laundering investigation in Switzerland, linked to the 2011 Arab Spring uprising, has been dropped, the Attorney General's office said today. “Despite the numerous inquiries and having transferred 32 million francs to Egypt in 2018 (around $34.3 million today), the OAG must now accept that the investigation has been unable to substantiate suspicions that would justify the indictment of anyone in Switzerland or any forfeiture of assets,” it said. The ongoing proceedings against five suspects will be dropped, and the assets under seizure, totaling $429 million, will be released.Statement follows....

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