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France closely scrutinising Russian assets, properties and yachts – Le Maire

© Reuters. FILE PHOTO: Bruno Le Maire, France’s finance minister, speaks at the inauguration of the Atelier Louis Vuitton in Vendome, France, February 22, 2022. REUTERS/Benoit Tessier

PARIS (Reuters) – The French treasury is carefully going through all financial assets, including properties, yachts and luxury cars owned by Russians mentioned on the sanctions lists linked to the Ukraine war, French Finance Minister Bruno Le Maire said on Monday

The West has sought to punish Russia with a raft of measures, including closing airspace to Russian aircraft, shutting out some Russian banks from the SWIFT global financial network and limiting Moscow’s ability to deploy its $630 billion foreign reserves.

“We have the legal powers to seize all of these assets,” Le Maire told journalists after a crisis meeting with President Emmanuel Macron and other government ministers.

France closely scrutinising Russian assets, properties and yachts – Le Maire

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