By Alisha Houlihan for AMLi
A Russian Sanctions Taskforce has revealed it has seized more than $30BN (€28.5BN) belonging to sanctioned Russians in its first 100 days of operations.
The Russian Elites, Proxies, and Oligarchs Task Force (REPO), set up following Russia’s invasion of Ukraine, announced it had blocked more than $30BN (€28.5BN) worth of sanctioned Russians’ assets, frozen or seized high-value goods belonging to sanctioned Russians and severely restricted access to international financial institutions for sanctioned Russians.
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