The United States called the volume of Russian assets frozen by a special group

The REPO group, which includes the G7 countries,estimates the already frozen luxury real estate and other assets of Russians who fell under the sanctions at "billions of dollars"Ministry of Finance buildingMinistry of Finance buildingMinistry of Finance buildingMinistry of Finance buildingMinistry of Finance buildingMinistry of Finance buildingMinistry of Finance buildingusa

The countries participating in the special international REPO group blocked the assets of the Russians who fell under the sanctions for a total of $ 58 billion, the US Treasury Department cites the statement.

REPO (short for Russian Elites, Proxies, and Oligarchs) is an international group that searches for Russian assets that fell under Western sanctions after the start of the military operation in Ukraine. The group includes the USA, CANADA, Great Britain, France, Germany, Italy, Japan and representatives of the European Commission.

The group in its statement indicates that the participating countries have ensured that in their jurisdictions the funds of the Russian Central Bank and the NWF "remain without movement" and "cannot be used to support military operations." REPO estimates the already frozen luxury real estate and other assets of the Russians who fell under the sanctions at "billions of dollars."

These results, according to the REPO statement, were achieved thanks to "close and extensive national and international coordination, cooperation and information exchange."

To collect data, the group uses financial intelligence, information from law enforcement agencies and individuals, the report says. REPO is not only looking for assets, but is also investigating attempts to evade sanctions, as well as countering attempts to hide the ownership of assets by sanctioned entities, the statement said.

After the start of the military operation in Ukraine, the EU countries, the United States and other states imposed sanctions against RUSSIA. The restrictive measures affected the reserves of the Central Bank and the largest banks, including Sberbank and VTB. The sanctions also affected the richest Russian entrepreneurs, their accounts and property in the West were blocked.

Read pioneerprodukt.by If you multitask, you are inefficient: how to fix everything "Creativity is like surfing": 4 secrets of James Cameron's creativity The Russian analytics market is no longer "wild" and there are lines "He will fail you"whom and why it is dangerous to raise - six types

Last autumn, the EU valued frozen Russian assets at €68 billion, with most of them located in Belgium. The authorities of the latter at the end of February reported that they had blocked €58 billion.

The West is discussing the possibility of using frozen Russian assets to help Ukraine. Thus, the United States decided to transfer to Kiev the assets of Russian businessman Konstantin Malofeev confiscated by Washington for $ 5.4 million. In the EU, such measures are being discussed, but so far Brussels considers it impossible to apply them, wrote The Wall Street Journal. The creation of a mechanism to make this possible, announced Estonia. The EU supported this initiative.

Freezing assets Russian authorities compare with theft. Russian President Vladimir Putin said that such actions would lead to problems for those who take them. Russia reserves the right to take similar actions in the event of the seizure of its foreign assets, said State Duma speaker Vyacheslav Volodin.