The United States and its international REPO task force continue to act on sanctions tied to Russia, reporting that more than $58 billion in Russian assets were frozen last year.
According to the press service of the U.S. Treasury, members of the REPO task force successfully blocked significant assets held by individuals and entities under sanctions. The task force noted that Russian holdings under restrictive measures across the globe exceed $58 billion, a figure that underscores the scale of the effort to cut access to the international financial system.
REPO members monitor sanctioned Russian assets worldwide and work to restrict their use in global finance. During the year, the group reported the seizure of luxury real estate, yachts, and aircraft. These actions contributed to redirected funds—about $5.4 million in foreign aid to Ukraine—highlighting the mandate to disrupt illicit financial flows and support humanitarian needs where possible (Source: U.S. Treasury press service).
Josep Borrell, who previously led European diplomacy, stated that the European Union will intensify its use of blocked Russian assets to support Ukraine’s reconstruction and humanitarian efforts. This stance reflects a broader, coordinated approach among allied governments to enforce sanctions and stabilize affected regions (Source: European Union statements).