Britain reveals sum of frozen Russian assets ...News

Russia Today - Economy
Britain reveals sum of frozen Russian assets
source : Russia Today ( News ) () 24
Over $20 billion have been frozen in the UK due to sanctions The UK government froze assets worth £18 billion ($20.6 billion) belonging to Russian businessmen and entities this year, the Office of Financial Sanctions Implementation (OFSI), which is part of the UK’s Treasury, said in its annual report on Thursday. The figure tops all other UK sanctions regimes put together and makes Russia Britain's most-sanctioned nation, the OFSI said. UK sanctions have so far targeted around 1,200 Russian individuals, over 120 entities, and 19 banks. The punitive measures include asset freezes, travel bans, and transport sanctio

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