Amount of frozen Russian assets revealed ...News

A total of $330 billion has been seized around the world, the US Treasury says A multinational task force has frozen $30 billion in funds belonging to sanctioned Russian individuals and $300 billion in Russian Central Bank assets, the US Treasury Department announced on Wednesday. The Russian Elites, Proxies, and Oligarchs (REPO) Task Force “blocked or frozen more than $30 billion worth” of “assets in financial accounts and economic resources,” reads the statement published on the Treasury’s website. The $300 billion worth of Russian Central Bank assets were “immobilized” by the task force, while yachts and luxury

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