More than 200 million euros of Russian assets frozen in the Netherlands

The Netherlands has joined the listing of nations which have imposed financial sanctions on Russia.

Holland Central Financial institution (DNB) Governor Klaas Knot introduced that they’re freezing Russian assets.

EXCEEDED 200 MILLION EURO

Knot reported that the assets frozen in the accounts of Russian people and firms on the European Union’s (EU) sanction listing exceeded 200 million euros.

Knot cited the proven fact that the Russian presence in the nation is far much less than in Belgium, as the purpose why the determine may be very low in comparison with the Russian assets frozen by Belgium.

AMOUNT CAN INCREASED

Mentioning that the quantity of cash frozen in the financial institution accounts of Russians in the Netherlands might enhance, Knot mentioned that Dutch Finance Minister Sigrid Kaag’s assertion that the Russian assets frozen in the Netherlands is 6 million euros is incomplete.

There are 862 people and 53 organizations on the listing of EU sanctions concentrating on Russia and Belarus for his or her assault on Ukraine, together with asset freezes, journey and funding bans.

The listing consists of some banks and firms, a big quantity of enterprise individuals, state officers, together with Russian President Vladimir Putin, and lawmakers.

Efforts to additional broaden the mentioned listing are ongoing.