EU says the bloc froze $32 billion in assets from blacklisted Russian and Belarusian individuals and companies under sanctions imposed for Moscow's offensive in Ukraine
A joint meeting of the EU and US task forces is set to take place later on Friday, with Ukrainian officials participating.
A total of $32 billion "including assets such as boats, helicopters, real estate and artwork" have been seized, the European Commission said in a statement on Friday.The EU's figures were partial, based on data from around half of the EU's 27 member states given to the bloc's "Freeze and Seize" task force operating in coordination with G7 partners, including the United States.
Russian President Vladimir Putin and his two adult daughters are on them, along with oligarchs, influential business people and politicians including Russian Foreign Minister Sergey Lavrov, and their relatives.In light of the atrocities committed by the Russian army, it is more urgent than ever to strengthen our cooperation within the EU and with our international partners, including the US and Ukraine, and step up our efforts to stop the financing of the Kremlin's war machine.
Oligarchs' superyachts and luxurious properties have been prominent assets targeted, with several seized in the EU while others have been sailed out of the jurisdictional reach of the G7 sanctions.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ukraine: Germany, EU complicit in Russia war crimes—Zelensky aideOleg Ustenko told Newsweek that the EU's repeated failure to embargo Russian energy is 'completely unacceptable' for Kyiv.
Read more »
Russia-Ukraine live updates: Russia suspended from U.N. Human Rights Council; E.U. approves coal phaseoutGlobal outrage has grown since the brutal slaying of civilians in the Kyiv suburb of Bucha was revealed after Russian forces withdrew.
Read more »
Live Updates | EU ambassador to Ukraine returns to KyivThe European Union has returned its ambassador to Ukraine to the capital, Kyiv, in a move that underscores the improved security situation there and the 27-country bloc’s commitment to the beleaguered country
Read more »
Finland Seizes $46 Million Worth Of Russian Art Over EU SanctionsI am a Texas native covering breaking news out of New York City. I was previously an editorial assistant at the Forbes London bureau. Follow me on Twitter reporterfield.
Read more »
Russian Oligarch's €600,000 Armored Mercedes-Maybach Seized As Part Of EU Sanctions | CarscoopsRussian Oligarch's €600,000 Armored Mercedes-Maybach Seized As Part Of EU Sanctions | Carscoops carscoops
Read more »
European Parliament Votes for EU to Cut Off Russian Oil, Coal, Nuclear Fuel and GasThe European parliament voted overwhelmingly to start an immediate embargo on Russian energy, but many member states can’t live without it.
Read more »