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Reuters
Reuters
Business

EU agrees to freeze assets of Sberbank boss, Putin's daughters

FILE PHOTO: The logo of Sberbank in Moscow, Russia December 24, 2020. REUTERS/Maxim Shemetov

The European Union has agreed to freeze the assets in the EU of the boss of Russia's top lender Sberbank, Vladimir Putin's two daughters and more oligarchs, according to a document published in the EU's official journal on Friday.

Since the start of war in Ukraine, the EU has blacklisted around 700 people linked to the Kremlin or accused of supporting the invasion, which Moscow calls a "special operation". That has not always, however, led to a quick freezing of assets, amid legal hurdles and sometimes lack of political will.

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