France freezes $938 million of Russian assets
France has frozen and seized assets of Russian oligarchs to the tune of around $938 million.
Property worth €539 million had been blocked, Le Maire French Economy Minister Bruno said.
He said another €150 million from private accounts at French banks had been frozen, and two yachts worth €150 million have been seized.
France established a task force to implement EU sanctions against Russian oligarchs or those close to President Vladimir Putin.
It is tasked with finding their assets in France and identifying the owners of bank accounts, luxury villas and yachts, which is a complicated endeavour due to the many shell companies used to hide identities.
(dpa/ NAN)
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