Washington has never been sensitive to the Kremlin’s propaganda about the Russian potent weapon that is capable of turning the whole US into radioactive ash. The White House is going on its crusade against the Russian war machine. Among vast economic sanctions, Washington is targeting humongous assets of the Russian elite in power. According to the official data, the US Treasury Department has frozen the Russian assets worth $330 billion for 100 days. Indeed, the animated film promoting Russian high-powered self-guided missiles on the main federal channel made no effect on the US administration.
As of today, the Treasury Department has identified and frozen the assets belonging to Russian tycoons and top officials in the amount of $30 billion. The largest slice of the cake is the assets of the Russian central bank worth nearly $300 billion. More findings are yet to come. The international group has not completed its search yet, the Treasury Department reported. Experts are still conducting their investigation into more overseas holdings of sanctioned individuals. The Russian Elites, Proxies, and Oligarchs (REPO) Task Force consists of experts from Australia, the UK, Germany, Italy, Canada, France, Japan, and the European Commission.
Russian Finance Minister Anton Siluanov confessed that almost half of the Bank of Russia’s gold and forex reserves had been blocked so far. The total reserves are valued at about $640 billion, but the access to $300 billion of this amount has been suspended, the minister explained.
