US-created REPO intl group blocks Russian assets worth $30 bln - US Treasury
An international group set up by the United States to search for Russian assets has taken measures to freeze or block assets of the Russian Federation in the amount of more than $30 billion, the US Department of the Treasury reports.
"The Russian Elites, Proxies, and Oligarchs (REPO) Task Force has leveraged extensive multilateral coordination to block or freeze more than $30 billion worth of sanctioned Russians’ assets, freeze or seize sanctioned persons’ high-value goods, and heavily restrict sanctioned Russians’ access to the international financial system. REPO members have achieved these successes through close and extensive national and international coordination and collaboration," the agency said.
"REPO members have blocked or frozen more than $30 billion worth of sanctioned Russians’ assets in financial accounts and economic resources, immobilized about $300 billion worth of Russian Central Bank assets," the report says.
REPO also includes representatives from Australia, Britain, Germany, Italy, Canada, France, Japan and the European Commission.
Advertising
Advertising
MORE ABOUT
U.S. Ambassador: Military, economic aid, reform support, accountability are main goals of $61 bln allocated for Ukraine
14:20, 04.05.2024
Ukraine does not have realistic Plan B in short term without U.S. help – Stefanishyna
13:21, 02.05.2024
Trump considers it wrong for USA to provide more financial assistance to Ukraine than Europe
19:57, 30.04.2024
Ramstein Coalition pledged over $95 bln in military aid to Ukraine over two years – Austin
21:27, 26.04.2024
New aid package to Ukraine to include ammunition, counter-drone systems, support equipment – Pentagon
21:17, 26.04.2024
LATEST
Meloni confirms Italy's commitment to organizing global peace summit for Ukraine in Switzerland
14:28, 04.05.2024
Despite delay in U.S. Congressional approval of funding for Ukraine, USAID aid continues – Dpty Administrator
14:03, 04.05.2024
Kuleba congratulates Estonian MP Kristo Enn Vaga, who arrived in Kyiv from Tallinn on bicycle
13:43, 04.05.2024
USAID announces $60 mln aid package for Ukraine's agricultural sector – Dpty Administrator
12:56, 04.05.2024
G7 considering plan to provide $50 bln in aid to Ukraine, initiated by USA