France freezes $800 million in Russian oligarchs' assets, according to French government spokesperson

23-03-2022, 19:13

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France's Secretary of State and Government's spokesperson Gabriel Attal leaves the weekly cabinet meeting at The Elysee Presidential Palace in Paris, France, on March 23. (Ludovic Marin/AFP/Getty Images)

French authorities have frozen $800 million in assets belonging to Russian oligarchs as part of sanctions following the Russian invasion of Ukraine, French government spokesperson Gabriel Attal told journalists Wednesday.

“These sanctions are being felt in Russia where the economy is teetering, The ruble is collapsing, the stock exchange is in large part still closed and the central bank is strongly impacted,” he said.

“There will be no taboo if we need to go further,” Attal said about any additional sanctions.

The European Union’s latest round of sanctions in early March against Russia included measures targeting 160 oligarchs and Russian politicians.

CNN

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