Finance Minister Bruno Le Maire informed about the decision of the French government on the RTL radio station.
France seized real estate worth around EUR 500 million, which belonged to around 30 Russians linked to the Kremlin. In addition, the French authorities detained two yachts with a total value of approximately EUR 150 million.
Le Maire emphasized that the real estate will not now go to the State Treasury. – The point is that the oligarchs should not be able to sell them or make financial profits from them – he said.
More Western countries are freezing Russian assets or imposing sanctions on Russian oligarchs. Meanwhile, Australia is just exporting aluminum ores to Russia. This is to limit Russia’s ability to produce aluminum, which is crucial for the production of weapons and ammunition.
