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Is the Western strategy of asphyxiating the Russian economy bearing fruit? The European subsidiary of the first Russian bank ceases its activities: Thursday, March 3, it is on the verge of insolvency. There are also the sanctions against the oligarchs: France has just seized a yacht belonging to one of them.
This is one of the first seizures by French customs targeting a Russian oligarch. Thursday, March 3, the yacht of a Russian billionaire, close to Vladimir Putin, was seized by France. The man was on the list of personalities targeted by Western sanctions. France wants to seize the property of these oligarchs close to the Kremlin as soon as possible.
For the past few days, the services of the Ministry of the Economy have been organizing themselves, but the mission promises to be long and complex, according to a lawyer specializing in international sanctions. The goods of these oligarchs are in fact most often purchased via front companies: their names do not appear. According to estimates, Russian billionaires have already lost more than 100 billion euros in just a few days.