France has frozen and seized assets of Russian oligarchs to the tune of around 850 million euros (938 million dollars).
Property worth 539 million euros had been blocked, Le Maire French Economy Minister Bruno said.
He said another 150 million euros from private accounts at French banks have been frozen and two yachts worth 150 million euros have been seized.
READ ALSO: Zelensky, Ukraine, and lessons for Nigerian leaders
According to dpa, France established a taskforce to implement EU sanctions against Russian oligarchs or those close to President Vladimir Putin.
It is tasked with finding their assets in France and identifying the owners of bank accounts, luxury villas and yachts, which is a complicated endeavour due to the many shell companies used to hide identities.
Nigeria’s inflation rate rose to 15.69 per cent in April 2026 as higher food, transport,…
Gunmen have killed a teacher and abducted some pupils during an attack on schools in…
Manchester City manager Pep Guardiola has expressed hopes the club can overcome mounting fatigue in…
Suspected Boko Haram insurgents have attacked a primary and junior secondary school in Mussa village,…
Nigerian Afrobeats singer Ayra Starr has advocated for stable electricity supply in Nigeria, saying unstable…
The Ooni of Ife, Oba Adeyeye Ogunwusi, and one of his queens, Mariam, have welcomed…
This website uses cookies.