Syndication: St. Augustine Record
WASHINGTON (AP) — A multinational task force designed to seize Russian oligarchs’ wealth has blocked and frozen $30 billion in sanctioned individuals’ property and funds in its first 100 days. The Treasury Department says that’s on top of yachts, other vessels and luxury real estate that have been impounded as well as $300 billion in Russian Central Bank funds that have been immobilized. The seizure program is one of several efforts designed to drain Russia of its resources as President Vladimir Putin continues his invasion of Ukraine. But civil rights advocates have raised concerns about potential overreach.
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