The Netherlands freezes up to 600 million euros of Russian assets. Law enforcement agencies are checking to see if there are still companies and individuals whose property can be frozen, said the national coordinator for compliance and enforcement of sanctions at the Dutch Foreign Ministry Stef Blok.

“Like many citizens of the Netherlands, I also watch TV and see terrible footage from Ukraine. Many people in the Netherlands are devoted to Ukraine because, like me, they are shocked by the daily news.. As sanctions coordinator, I can help the Russians to answer for what they have done,” Blok said..

According to him, from 500 to 600 million Russian assets have been frozen in the Netherlands..

“There were special circumstances for several countries that froze more. For example, the Central Bank of France had 22 billion euros in the account from the Central Bank of the Russian Federation. We didn’t have that,” Blok said..

He also added that law enforcement agencies are checking whether there are still companies and individuals from the Russian Federation whose assets and property can still be frozen..

“We check very carefully to see if companies or individuals are missed in the first round of freezing.. At the moment we have no concrete indication that this is happening on a large scale.. However, law enforcement agencies are checking whether there are still companies and individuals whose property we can freeze,” Blok said..

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Earlier it was reported that the European Police Department launched Operation Oscar to support financial investigations of assets owned by individuals and legal entities subject to sanctions in connection with the Russian invasion of Ukraine.. The operation will last at least a year and will be aimed at supporting criminal investigations by EU member states to circumvent restrictions in the trade and economic sphere.