French Economy Minister, Bruno has stated that assets belonging to Russian Oligarchs worth 850 million euros (938 million Dollars) have been seized and frozen, and also properties worth 539 euros have been blocked.
He said another 150 million euros from private accounts at French banks have been frozen and two yachts worth 150 million euros have been seized.
France established a task force to implement EU sanctions against Russian oligarchs or those close to President Vladimir Putin following Russia’s attack on Ukraine. It is tasked with finding their assets in France and identifying the owners of bank accounts, luxury villas, and yachts.
