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The Netherlands froze €516 million of Russian assets

62483656165e2
BM.GE
02.04.22 21:00
570
Almost 516 million euros of Russian assets and contracts have been frozen in the Netherlands, reads a letter sent to the House of Representatives.

This applies to relationships with Russian banks, trust offices, pension funds and managers of investment institutions.

In addition, more than 154 million transactions were blocked.

“This is an unprecedentedly robust package,” Foreign Minister Wopke Hoekstra said.

On February 24, on the instructions of Russian President Putin, Russian troops began a full-scale invasion of Ukraine, Today24 reports.

The invaders have been shelling and destroying key infrastructure facilities, carrying out massive strikes on residential areas of Ukrainian cities and villages, using artillery, rockets, and ballistic missiles.

Western democracies have imposed a wide range of sanctions on Russia in the wake of the invasion of Ukraine.