Dutch law enforcement is also investigating whether there are still companies and individuals from Russia whose property can be frozen.
The Netherlands froze up to 600 million euros Russian assets . Law enforcement is currently investigating whether there are still companies and individuals whose assets can be frozen, said Steph Block, the national coordinator for compliance and enforcement of sanctions at the Dutch Foreign Ministry.
“Like many citizens of the Netherlands, I also watch TV and see horrible footage from Ukraine. Many people in the Netherlands are loyal to Ukraine because, like me, they are shocked by the daily news. As a sanctions coordinator, I can help the Russians answer for what they have done, “the bloc said.
He said between 500 and 600 million Russian assets had been frozen in the Netherlands. There were special circumstances for several countries that froze more. For example, the Central Bank of France had an account of 22 billion euros from the Central Bank of Russia. We didn't have that, “Blok said.
He also added that law enforcement agencies are checking whether there are still companies and individuals from the Russian Federation whose assets and property can still be frozen. At the moment, we have no concrete signs that this is happening on a large scale. However, law enforcement agencies are checking whether there are still companies and individuals whose property we can freeze, “said Blok.
Read also: France froze Russian assets by 23.7 billion euros
It was previously reported that The European Police Department has launched Operation Oscar to support financial investigations into assets belonging to individuals and legal entities subject to sanctions in connection with the Russian invasion of Ukraine. The operation will continue for at least year and will be aimed at supporting criminal investigations by EU member states to circumvent trade and economic restrictions.
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