EU froze $32B in Russian, Belarusian assets over Ukraine attack

  April 09, 2022   News ID 6425
EU froze $32B in Russian, Belarusian assets over Ukraine attack
Boats, helicopters, real estate and artwork are among the assets frozen so far by the bloc in response to Moscow's offensive in Ukraine.

Brussels, SAEDNEWS: The European Union has so far frozen nearly 30 billion euros in assets from blacklisted Russian and Belarusian individuals and companies under sanctions imposed over Moscow's offensive in Ukraine.

A total of $32 billion (29.5 billion euros) "including assets such as boats, helicopters, real estate and artwork" have been seized, the European Commission said in a statement on Friday.

Another over $212 billion (196 billion euros) of transactions have reportedly been blocked as well.

The EU's figures were partial, based on data from around half of the EU's 27 member states given to the bloc's "Freeze and Seize" task force operating in coordination with G7 partners, including the United States.

The EU and US have said they will aggressively hunt down and seize assets of those on their blacklists, deemed to benefit from the Kremlin and contribute to its offensive.

Russian President Vladimir Putin and his two adult daughters are on them, along with oligarchs, influential business people and politicians including Russian Foreign Minister Sergey Lavrov, and their relatives (Source: TRT).


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