International working group freezes more than USD 30 billion Russian assets in 100 days 

The US Treasury Department shared the statement on its website.

"The Russian Elites, Proxies, and Oligarchs (REPO) Task Force has leveraged extensive multilateral coordination to block or freeze more than $30 billion worth of sanctioned Russians’ assets, freeze or seize sanctioned persons’ high-value goods, and heavily restrict sanctioned Russians’ access to the international financial system.  REPO members have achieved these successes through close and extensive national and international coordination and collaboration," the statement said.

In 100 days, the group blocked more than USD 30 billion in Russian assets in financial accounts and economic resources. Another USD 300 billion in assets of the Russian Central Bank were frozen, yachts and other vessels, including the Amadea, Tango, Amore Vero, Rahil and Phi, were detained. They confiscated luxury real estate owned by Russian assets.

The international working group also restricted Russia's access to the global financial system, making it difficult to purchase technology to wage war in Ukraine.

"As we undertake this work, we are seeking to maximize the impact of sanctions on designated persons and entities while guarding against spillover that affects global commodities markets and food supplies, which Russia has disrupted by choosing and continuing to wage war," the press service added.

REPO continues to expand its legal powers to freeze, confiscate and use Russian assets. The group includes representatives of the United States, Australia, Great Britain, Germany, Italy, Canada, France, Japan and the European Commission.