Published
Update
Article written by
/2021/12/14/61b8b98e077d1_france-2.png)
About 900 Russian personalities are targeted by European sanctions, in the context of the conflict in Ukraine. In France, 856 million euros have been frozen. However, this does not mean that the sums were confiscated or seized.
Ultra-luxurious villas on the Côte d’Azur, or even a yacht estimated at 70 million euros in the port of Antibes (Alpes-Maritimes): here are the latest properties of Russian personalities frozen in France. In total, 856 million euros have been capitalized by the French State. Italy, Spain and Great Britain are also involved in this hunt. Nearly 900 Russian oligarchs close to Vladimir Putin are targeted by European sanctions.
The French government has set up a team dedicated to this mission, but only a small part of these assets and bank accounts really come to the surface, according to an anti-corruption NGO. The goods are for the moment simply frozen: their owners can live there, but do not have the right to rent or resell them. I’EFrench state would like to seize them, but for that, it is necessary to prove that there was a criminal offense.