Switzerland Returns CHF22 Million To Equatorial Guinea

(MENAFN- Swissinfo) Switzerland is returning assets worth CHF22.8 million ($29 million) to the people of the Republic of Equatorial Guinea. The two countries signed an agreement to this effect on Monday, according to a statement from the Federal Department of Foreign Affairs (FDFA). This content was published on September 29, 2025 - 16:57 2 minutes Keystone-SDA

+Get the most important news from Switzerland in your inbox

The assets were seized as part of criminal proceedings by the Geneva public prosecutor's office. They consisted of luxury goods belonging to one of the sons of the president of the central African state. According to the order issued by the Geneva criminal authorities, the assets were to be returned to the population as part of a social program.

According to the communiqué, the FDFA was tasked with handling the modalities.

+ Confiscated luxury cars grab CHF27 million at Geneva auction

The money is earmarked for a cooperation program in the health sector, it added. Specifically, the programme aims to improve the quality of and access to primary health care services in four provinces in the mainland region of the country. It also aims to strengthen the basic training and continuing education of healthcare personnel.

The agreement provides for a special control and monitoring system to ensure that the programme is implemented for the benefit of the population. The programme will be run in cooperation with the Swiss Tropical and Public Health Institute.

Adapted from German by DeepL/jdp

We select the most relevant news for an international audience and use automatic translation tools to translate them into English. A journalist then reviews the translation for clarity and accuracy before publication.

Providing you with automatically translated news gives us the time to write more in-depth articles. The news stories we select have been written and carefully fact-checked by an external editorial team from news agencies such as Bloomberg or Keystone.

If you have any questions about how we work, write to us at ... .

External Content Related Stories Popular Stories More Agribusiness US consumers will pay price for tariff hike, warns top Swiss trader Read more: US consumers will pay price for tariff hike, warns top Swiss trade

MENAFN29092025000210011054ID1110126042