Ukraine's second-largest city is 'surrounded' as a 40-mile Russian convoy threatens Kyiv. Follow live coverage from journalists on the ground.
French Economy Minister Bruno Le Maire said Tuesday that a new task force has been created to identify Russian oligarchs with assets in France and ultimately freeze or seize those assets — part of a broader strategy to “cause the collapse of the Russian economy” in response to Moscow’s invasion of Ukraine.
The task force, made up of France’s public finance authority, customs services and financial intelligence agency, will work to identify Russian oligarchs with ties to France, as well as their property and their assets in the country “to be able to freeze them,” Le Maire said in an interview with France Info and on Twitter.
Le Maire said the task force would seek to go beyond a freeze, and “equip ourselves with the legal means necessary to seize all of these assets.” Le Maire said the French task force would cast a wide net, searching not just for known Russian oligarchs in France but also for their spouses, their children, and the vehicles through which they co-own property in France with others, “so that they cannot hide behind financial arrangements.
Une task force, comprenant la DGFIP, TRACFIN et les douanes, a été créée pour repérer l’ensemble des oligarques russes en France, leurs biens et leurs avoirs afin de pouvoir les geler. Nous nous doterons des moyens juridiques nécessaires pour saisir l'intégralité de ces biens.
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