France says it has frozen more than 800 million euros worth of Russian oligarch assets

[Roadvirus]

France says it has frozen more than 800 million euros worth of Russian oligarch assets

France has frozen more than 800 million euros ($879.20 million)worth of assets belonging to Russian oligarchs, government spokesman Gabriel Attal said on Wednesday. He provided no details.

www.reuters.com

That's gotta be a lot of pissed off oligarchs.

Use it to rebuild Ukraine!

 

[Napoleon]

That’s it? That’s just walkin’ around money for Western oligarchs.

 

[Grand Mal]

France says it has frozen more than 800 million euros worth of Russian oligarch assets

France has frozen more than 800 million euros ($879.20 million)worth of assets belonging to Russian oligarchs, government spokesman Gabriel Attal said on Wednesday. He provided no details.

www.reuters.com

That's gotta be a lot of pissed off oligarchs.

Use it to rebuild Ukraine!

This kind of thing might in the end hurt Putin and his agenda more than military losses in Ukraine. For all his projection of unlimited personal power nobody could keep his position without the support of powerful people. I doubt that the support of his high-ranking military would be enough if that was the only support he has.
Money talks.

 

[joluoto]

That’s it? That’s just walkin’ around money for Western oligarchs.

The Russians don't have that much stashed away in France. They have their Cypriot bank accounts, their shell companies on British Virgin Islands, and their real estate in London.

 

[Loulit01]

It's good to be an oligarch.

Photos show the luxury mega yachts that belong to Russian oligarchs — some of whom have hidden their ships as the UK ramps up sanctions.

Russian billionaires' assets are on the line as countries continue to impose sanctions on oligarchs following Russia's invasion of Ukraine.

finance.yahoo.com

France seized 800 million from all the oligarchs? That wouldn't really hurt any single one very much.

 

[PeteEU]

The Russians don't have that much stashed away in France. They have their Cypriot bank accounts, their shell companies on British Virgin Islands, and their real estate in London.

The Cyprus bank accounts were seized years ago when Cyprus went bankrupt. Of course they were given good warning that it was about to happen.

The Russian money is in the UK and it's tax havens plus a few other places like the US.

 

[Roadvirus]

It's good to be an oligarch.

Photos show the luxury mega yachts that belong to Russian oligarchs — some of whom have hidden their ships as the UK ramps up sanctions.

Russian billionaires' assets are on the line as countries continue to impose sanctions on oligarchs following Russia's invasion of Ukraine.

finance.yahoo.com

France seized 800 million from all the oligarchs? That wouldn't really hurt any single one very much.

Keep in mind: that's just France.

Imagine what the amount could be when you factor in everyone who have frozen the assets of the oligarchs.

 

[Rogue Valley]

The Swiss have frozen $6 billion in Russian assets with more to come.