The value of frozen Russian private assets under sanctions increased from 18.9 billion euros in December to 24.1 billion euros in late May, the newspaper said. As many as 1,473 individuals and 205 firms from Russia have been sanctioned by the EU, German media added. After the start of Russia’s military operation in Ukraine on February 24, 2022, Western countries have imposed comprehensive sanctions against Russia, including the freezing of nearly half of the country’s foreign currency reserves – amounting to about $300 billion. The European Union alone has frozen assets of Russian entities and individuals worth dozens of billions of dollars under 10 packages of sanctions.
Source Credibility: Sputnik is controlled and/or owned by Rossiya Segodnya International Information Agency, a Russian Federal State Unitary Enterprise (FSUE). Due to its relationship with Russian government, Rossiya Segodnya is sanctioned and blacklisted by multiple nations and supranational organizations, including France, Canada, Switzerland, Australia, U.K. and E.U.
Sputnik news platforms, like RT news platforms, are banned in multiple countries. Sputnik's editor-in-chief was also arrested in January 2023 for suspected espionage and economic sanctions violations.
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