France freezes Russian assets worth more than a billion euros

Guillaume Valle Valhat, head of intelligence and response to secret financial transactions at the French Ministry of Finance (Tracfin), said his country had frozen Russian assets worth 1.2 billion euros.

He pointed out that this does not include the assets of the Central Bank of the Russian Federation, which were frozen before.

“The value of the frozen Russian assets (in France) is 1.2 billion euros, not counting the assets of the Central Bank of Russia,” the official added in an interview with the press.

Guillaume Vallet Vallat indicated that this freeze applies to both financial and non-financial assets (such as real estate).

At the end of March, France froze the assets of the Central Bank of the Russian Federation in the amount of 22 billion euros.

Earlier, European Commissioner for Justice Didier Reynders said that Russian assets in the European Union in the amount of 13.8 billion euros were frozen, including 12.6 billion euros in six EU countries.

According to him, not all EU countries are making sufficient efforts to freeze assets subject to sanctions.

Source: RIA Novosti

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