RUSSIAN ASSETS AT RISK OF SEIZURE AS UKRAINE INVASION DRAGS ON INTO THIRD YEAR
August 12th, 2024
The freezing of Russian assets since the government of President Vladimir Putin invaded Ukraine in February 2022 has prompted western governments to consider seizing that money and property to fund reconstruction of a country ravaged by Moscow’s military aggression. Estimates of the value vary, but there is consensus that the value is at least USD300 billion, with the vast majority being assets from the central bank, the Bank of Russia.
Germany-based statistical service Statista has stressed that a majority of this is held in Europe, with the largest national ...
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