Germany freezes about EUR 5 billion in assets of Russian oligarchs

According to the German federal government’s response to a request from member of the Bundestag from the Left Party Christian Görke, the assets frozen in Germany belong to Russian oligarchs.

The amount of EUR 5 billion has remained almost unchanged since July, despite Germany having a sanctions law in place that obliges individuals subject to EU sanctions to declare their assets or face a fine or up to one year in prison.

Source: The New voice of Ukraine