EU has frozen €30bn of assets of Russian and Belarusian oligarchs and entities so far

Ukraine Gate- Kyiv – April 8, 2022- Nearly €30 billion ($32 billion) of assets of Russian and Belarusian oligarchs and entities have been frozen by EU member states so far, the EU’s ‘Freeze and Seize Task Force’ announced Friday.
In a statement, the Task Force said the assets frozen included boats, helicopters, real estate and artwork. It also said that around €196 billion ($213 billion) of transactions have been stopped.
The Freeze and Seize task force was set up by the European Commission last month to help coordinate the implementation of EU and international sanctions against Russian and Belarusian oligarchs.
European Commissioner for Justice Didier Reynders said: ”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 U.S. and Ukraine, and step up our efforts to stop the financing of the Kremlin’s war machine.”