Muammar el-Qaddafi (and related entities and individuals) (Switzerland chapter)

According to the Swiss Federal Department on Foreign Affairs, "On February 21, the Federal Council decided with immediate effect to block any assets in Switzerland of Moammar Gaddafi and those who are closely associated to him. The Ordinance was established on the basis of Article 184, par. 3 of the Swiss Constitution.  On March 30, the Federal Council adopted a new ordinance to replace that which had been issued on 21 February. Emerging against the backdrop of the implementation of the financial sanctions decided by the UN Security Council with regard to Libya, this new ordinance is no longer based on Article 184, para. 3 of the Swiss Constitution, but rather on Art. 2 of the 22 March 2002 Federal Act on the Implementation of International Sanctions (Embargo Act)." (Source: Swiss Federal Department of Foreign Affairs, "Freeze on assets," last modification July 14, 2011 - which provides links to relevant Swiss government media releases and ordinances.)

 On May 2, 2011, the Washington Post reported that "Financial regulators in Switzerland had identified in Swiss banks assets worth almost $416 million that may belong to the embattled Libyan leader or the government. The announcement was made by Swiss President and Foreign Minister Micheline Calmy-Rey at a diplomatic meeting in the Tunisian capital Tunis and confirmed for the Washington Post by a Swiss foreign ministry spokesman." (Source: James V. Grimaldi, "Gaddafi, other leaders had almost $1 billion in Swiss banks," Washington Post, May 6, 2011.)