EU plans to seize Russian assets following Moscow's invasion of Ukraine are unprecedented and tricky, the chief of the EU task force said on March 24. From oligarchs' yachts to the Russian central bank's foreign reserves, there is a mountain of wealth to be had, but seizing it in a legal manner is easier said than done, Swedish diplomat Anders Ahnlid told AFP in an interview in Stockholm. "Nothing is simple" when it comes to finding and seizing the massive sums, which are to be diverted to pay for Ukraine's reconstruction, Ahnlid said, but Europe plans to be "innovative." To read the original story by AFP, click here.
EU Task Force Chief Acknowledges Difficulty Of Seizing Russian Assets In Legal Manner
The Dilbar, the fourth-longest yacht in the world, is the property of Russian oligarch Alicher Ousmanov.