France Freezes 23.7 Billion Euros Of Russian Funds

INA-  sources

Yesterday, the French authorities announced that they have so far frozen 23.7 billion euros of movable and immovable Russian funds, including real estate worth $573.6 million.

The French Ministry of Economy and Finance said that the largest share of these funds, amounting to 22.8 billion euros, is the accounts of the Russian Central Bank in France, confirming information published by the French newspaper “Le Parisien”.

The ministry added that 178 million euros of various banking assets are added to this amount.

France has frozen four cargo ships and four yachts, the last of which was in Marseille last Tuesday, with a total value of more than 125.2 million euros, in addition to six helicopters with a total value of more than 60 million euros, as well as seven million euros of artwork.

The French authorities have also seized 33 properties, including 19 civil real estate companies, and are preparing to seize about 10 other properties.
The total value of these movable and immovable funds is approximately 24 billion euros.