{"id":1977,"date":"2022-03-12T20:53:06","date_gmt":"2022-03-12T20:53:06","guid":{"rendered":"https:\/\/worabia.com\/news\/2022\/03\/12\/berlin-to-create-task-force-to-enact-russia-sanctions-report-5\/"},"modified":"2022-03-12T20:53:06","modified_gmt":"2022-03-12T20:53:06","slug":"berlin-to-create-task-force-to-enact-russia-sanctions-report-5","status":"publish","type":"post","link":"https:\/\/worabia.com\/news\/world-news\/europe\/1977\/","title":{"rendered":"Berlin to create task force to enact Russia sanctions \u2014 report"},"content":{"rendered":"
\n

Germany will set up a task force to help impose sanctions on Russian oligarchs. The game<\/em> reported the magazine on Saturday.<\/p>\n

The ruling follows several rounds of EU sanctions against Russian individuals and entities – including President Vladimir Putin – in the wake of Russia’s invasion of Ukraine.<\/p>\n

What do we know about the special team?<\/h2>\n

The unit will be based in the Chancellery of Berlin and will be coordinated with the Ministries of Finance, Economy and Interior, the report said. J\u00f6rg Kukies, Undersecretary of the Chancellery’s Office, is said to be leading the new body.<\/p>\n

Germany does not currently have a standard procedure for seizing assets such as yachts, private jets or houses, The game<\/em> he said.<\/p>\n

The magazine cited a note from the Ministry of Economy that “assets” are not confiscated or are confiscated “by default” because “their private use is still permissible in principle”.<\/p>\n

Wealthy Russians are known to have taken advantage of the boom in real estate in Germany over the past decade by buying high-quality real estate across the country.<\/p>\n

Boats belonging to Russian oligarchs can often be seen docking in the northern German port of Hamburg, among others.<\/p>\n

\n
<\/div>\n<\/p><\/div>\n

Assets froze, yachts and football clubs were confiscated<\/h2>\n

Several countries have already seized the assets of Russian billionaires, including Italy, France and the United Kingdom.<\/p>\n

Last week, France seized a super yacht belonging to Russian oil tsar Igor Sechin.<\/p>\n

The “Amore Vero” was confiscated while maintenance work was being carried out on a shipyard on the French Riviera.<\/p>\n

This week, Britain extended its sanctions on Russia to include Chelsea FC owner Roman Abramovich.<\/p>\n

The billionaire became the highest-profile oligarch yet to be punished by any Western country when he succumbed to a UK asset freeze and a travel ban.<\/p>\n

On Saturday, Italy seized its third super yacht, this time by Russian billionaire Andrey Melnichenko.<\/p>\n

The 143-meter (470-foot) Sailing Yacht A, valued at 530 million euros ($ 578 million), was seized in the northern port of Trieste, the government said.<\/p>\n

Meanwhile, reports suggesting that the northern German state of Hamburg had confiscated the yachts of three oligarchs were later refuted by the authorities.<\/p>\n

mm \/ dj (AFP, dpa)<\/p>\n<\/div>\n

Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Germany will set up a task force to help impose sanctions on Russian oligarchs. The game reported the magazine on Saturday. The ruling follows several rounds of EU sanctions against Russian individuals and entities – including President Vladimir Putin – in the wake of Russia’s invasion of Ukraine. 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