France freezes $24Bln of Russian Central Bank's assets

Kay Nietfeld

© APA | Kay Nietfeld

# 21 March 2022 01:27 (UTC +04:00)

France has frozen 22 billion euros ($24 billion) worth of assets belonging to the Russian Central Bank, French Finance Minister Bruno Le Maire said on Sunday, APA reports citing Sputnik.

"We have frozen the assets of the Central Bank of Russia in the amount of 22 billion euros. In addition, we have frozen assets in private individuals' accounts in French financial institutions in the amount of 150 million euros," Le Maire told the RTL radio.

France also froze real estate in the country worth half a billion euros, which is about 30 properties and apartments owned by Russian citizens, according to the minister.

"In total, this is almost a billion euros, or 850 million euros, that we have frozen," Le Maire added.