EU member states have already frozen the private assets of Russian and Belarusian oligarchs and companies worth approximately €28 billion. This was reported by RIA News Source at European Commission.
Brussels plans to use this money towards Ukraine. The European Commission noted that the EU remains united in supporting Kiev.
The EU does not yet have a legal framework for the seizure of private property of Russian and Belarusian businessmen. The EU Charter of Fundamental Rights does not permit the seizure of private property except where it is in the broad public interest. But even in this case, the owner must receive fair and timely compensation.
In the USA on December 20 options offered Transfer of frozen Russian assets to Ukraine. The Financial Times newspaper explained that American officials did not publicly support the seizure of Russian assets, but justified the possibility of using such a measure privately.
Formerly US Treasury entry Sanctions against a Russian woman who helped oligarchs launder money.