Bangladesh, April 25 -- A major European human rights body has issued a sharp and highly public criticism of Switzerland over its handling of funds linked to one of the most notorious financial crime cases in recent history. The decision marks a significant moment in the long-running international fallout from the Magnitsky fraud affair, raising fresh concerns about accountability, financial transparency, and the global fight against money laundering.

On April 22, the Parliamentary Assembly of the Council of Europe adopted a resolution condemning Swiss authorities for their failure to properly manage and secure millions of dollars tied to the fraud scheme. The resolution passed by a decisive vote of 43 to 7, signaling broad concern among...