NEW YORK (CNNMoney) -- Switzerland's government has moved to freeze any assets in the country's banks that might belong to Libyan leader Moammar Gadhafi, the Swiss Federal Department of Foreign Affairs said Thursday.
"The Federal Council [Bundesrat] has decided to freeze any assets of Moammar Gaddafi and those surrounding him, in Switzerland, with immediate effect," the Swiss Federal Department of Foreign Affairs said in a statement.
The move comes after ten days of protests that have lost Gadhafi control of eastern Libya and led prominent members of his own government to defect and join demonstrations.
Gadhafi has shown no signs that he's ready to give up the post he has held for 42 years.
It was not immediately clear what assets, if any, Gadhafi keeps in Switzerland.
For the Swiss government, it's a case of deja vu, as the country moved earlier this month to freeze the assets of Egyptian President Hosni Mubarak and his family, following protests in that country that led to his resignation.
|Overnight Avg Rate||Latest||Change||Last Week|
|30 yr fixed||3.62%||3.69%|
|15 yr fixed||2.77%||2.80%|
|30 yr refi||3.61%||3.69%|
|15 yr refi||2.76%||2.83%|
Today's featured rates:
Investors need someone they can bring home to mother instead of bad boys (or girls) that may make their heart beat faster. Boring beats bold in this market. Here are 10 dependable stocks we love. Southwest (ticker symbol: LUV) is one. More
Cheap oil and slow global growth may not be the only culprits of the global market turmoil. There's growing concern that central banks are spooking the markets too. More
Women coders do better than men in a gender-blind study that examines GitHub requests. More
Why is Donald Trump missing from Bleacher Creatures' new line of presidential candidates plush dolls? More