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The Independent UK
The Independent UK
National
Via AP news wire

$30B from Russian oligarchs frozen under REPO seizure effort

Copyright 2022 The Associated Press. All rights reserved

A multinational task force designed to seize Russian oligarchs' wealth has blocked and frozen $30 billion in sanctioned individuals' property and funds in its first 100 days in operation, the Treasury Department reported Wednesday.

That’s on top of the yachts, other vessels and luxury real estate that have been impounded as well as $300 billion in Russian Central Bank funds that have been immobilized, the department said.

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