France has Frozen Over $25B Worth of Russian Assets

The Finance Ministry of France published a detailed list of frozen Russian assets on Tuesday worth $25.6 billion amid Russia’s invasion of Ukraine.

France’s Finance Ministry said that assets belonging to the Russian Central bank worth 22.8 billion euros make up the bulk of the frozen assets.

The Finance Ministry of France’s frozen assets list also included 33 real estate properties worth 573.6 million euros, with addresses in prestigious resorts such as Antibes, Saint-Jean-Cap-Ferrat, and Saint-Tropez on the French Riviera.

The frozen assets list from France’s Finance Ministry also included banking assets, three yachts, six helicopters, and three works of art worth EUR 7 million.

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