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U.S., Allies Have Blocked Or Frozen $30 Billion In Russian Assets, Justice Department Reports

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Knewz

By David Wetzel New York (Knewz) — The United States Department of Justice and partners have blocked or frozen $30 billion in Russian assets in financial accounts and economic resources. The United States Department of Justice announced June 29 that through the Russian Elites, Proxies and Oligarchs (REPO) Task Force it has also immobilized approximately $300 billion worth of Russian Central Bank assets. Finance, Justice, Home Affairs, and Trade Ministers and European Commissioners have teamed to stifle Russia’s economy through such actions. The coalition has also done the following: —Seized, f…

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