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The Treasury Department says a global effort to target Russian oligarchs over Moscow’s invasion of Ukraine has blocked and frozen $30 billion of their assets so far.
The Repo programme is designed to drain Russia of its resources as the country’s president Vladimir Putin continues his invasion of Ukraine.
A task force set up to seize Russian wealth announced Wednesday it had confiscated or blocked $30 billion from oligarchs and Putin allies in its first 100 days.
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…
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