Skip to main content
Home

Main navigation

  • Top stories
  • Health
  • Crime
  • Politics
  • Business
  • Tech
  • Culture
  • Sports
  • Weird
  • 1-1-2
Image
Cracked flags of Ukraine and Russia
Cracked flags of Ukraine and Russia - Credit: Barks / DepositPhotos - License: DepositPhotos
Politics
Russia
sanctions
frozen assets
Wopke Hoekstra
ministry of foreign affairs
Russia-Ukraine crisis
Friday, 22 April 2022 - 07:29
Share this:
  • facebook
  • twitter
  • linkedin
  • whatsapp
  • reddit

€632 million in Russian assets frozen in Netherlands

Dutch financial institutions have frozen over 632 million euros in Russian assets due to sanctions against the country. They also blocked a little over 274 million euros in financial transactions, Minister Wopke Hoekstra of Finance said in a letter to parliament.

Two weeks ago, the counter was still at 516 million euros in frozen assets. Other European countries have frozen more assets, like France, which froze 22 billion euros. The lion's share of this concerns Russian central bank assets.

Belgium has frozen about 10 billion euros. "This can be explained by the position that Belgium occupies in global securities trading and international payments," Hoekstra wrote.

The Minister denies that groups of sanctioned Russians are avoiding sanctions in the Netherlands. "Research and inquiry show that there does not appear to be any substantial unfrozen assets of sanctioned (legal) persons."

Reporting by ANP

Follow us:

Latest stories

  • Church suspends 60-year-old pastor accused of abusing own children
  • Police union: Harder action must be taken against structural racism in the police force
  • Open House Day: 13,600 home sellers open their doors to potential buyers
  • Tens of thousands of tulips throughout Amsterdam for eighth edition of Tulip Festival
  • Dutch woman molested, stabbed by resort bartender in Goa, India
  • Alcohol banned in elevators from today: An April Fool's roundup

Top stories

  • Tens of thousands of tulips throughout Amsterdam for eighth edition of Tulip Festival
  • Dutch woman molested, stabbed by resort bartender in Goa, India
  • Alcohol banned in elevators from today: An April Fool's roundup
  • Cabinet is halting nitrogen policy to prevent CDA from quitting coalition
  • Justice min. apologizes to family of murdered journalist, lawyer and witness's brother
  • Income details included in massive data breach affecting millions of Dutch residents

© 2012-2023, NL Times, All rights reserved.

Footer menu

  • Privacy
  • Contact
  • Partner content