Ukraine Invasion: EU Freezes Russia’s $13.8billion Assets | Sahara Reporters

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The EU Justice Commissioner, Didier Reynders, said on Tuesday that the EU has frozen Russian assets worth $13.8 billion since the war started on February 24 this year.

The European Union has continued to place more sanctions on Russia over its invasion of Ukraine.

This is coming ahead of an informal meeting of EU justice ministers held by the Czech Republic, which holds the rotating EU presidency. Meanwhile, Ukrainian Justice Minister, Denys Maliuska, said that the assets should be used to cover compensation for war damages. It was reported that an international sanctions task force said that at the end of June, its members, including several EU countries, had blocked $30 billion in assets belonging to Russian oligarchs and officials.

 

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