$30 billion of assets of the Russian elite blocked
We are talking mainly about assets on accounts, as well as luxury real estate, according to the US Treasury Department.
The international REPO sanctions group, created by the US and EU countries, has blocked $30 billion of the assets of the Russian elite. About it informs US Department of the Treasury.
It is reported that we are talking mainly about assets on accounts, as well as luxury real estate.
“More than $30 billion worth of Russians’ assets under sanctions in financial accounts and economic resources have been blocked or frozen,” the statement said.
The US Department of the Treasury also says the group is working with the private sector to expedite the search, confiscation or arrest process, establish money laundering, sanctions evasion and war financing.
Recall that Canada has expanded sanctions against the defense industry of Russia and Belarus.