Czech authorities start targeting sanctioned Russian assets

The Czech Republic has conducted the first steps in freezing the assets held by Russian oligarchs and associated persons who have been placed on the West’s sanctions list since the beginning of Russia’s invasion of Ukraine, Novinky.cz reported on Wednesday citing the spokesman of the Ministry of Finance.

According to the Ministry, the Financial Analytical Office, which is tasked with enforcing the sanctions in Czechia, has begun identifying relevant properties placed on the EU sanctions list.