Western sanctions against Moscow are still continuing as the Russian military operation in Ukraine continues.
On Wednesday, the French government added 10 properties belonging to an oligarchy close to Russian President Vladimir Putin, to the list of Russian assets frozen on its lands.
The most prominent of these assets is owned by the son of the Russian deputy, Alexander Babakov, who is close to Putin, as a palace owned by him was seized in the luxurious Neuilly-sur-Seine area near Paris.
The French authorities also seized 4 real estate companies whose financial investigations concluded that their owner is the billionaire close to Putin Alexei Kuzmichev, whose fortune is estimated at more than 9 billion euros.
Real estate over 30 billion euros
I also booked a villa he owned in Saint-Tropez in the Cote d’Azur region in the southeast of the country.
In addition, Punishment Man is a shareholder in the Alpha Group, an important financial-industrial conglomerate in Russia.
Also seized were apartments belonging to Olga Ezeman, the ex-wife of the founder of the Alpha Group, estimated at more than 30 million euros.
Yachts, ships, helicopters, etc.
It is noteworthy that with the new properties, the number of properties that have been frozen in France and belonging to wealthy Russians close to the Kremlin, is 64 properties, worth more than one billion euros so far.
In addition to the 64 properties, France had seized yachts, cargo ships, helicopters, artwork and financial assets of wealthy Russians, the value of which amounted to about 24 billion euros, while a hundred investigators from the French Ministry of Economy continue to track the assets of the Russian oligarchy in France.