The implementation of EU financial sanctions due to the war of Russia's war in Ukraine in Germany is slow. This is stated in the response document of the Government to the Bundestag deputy from the Left Party Christian Gerke, which is at the disposal of the t-online publication..

Now about five billion euros of oligarchs are frozen in Germany, but this is only half a billion euros more than in July.

In the spring, it became clear that investigators in Germany were facing numerous difficulties in hunting for the assets of the oligarchs.. That is why the federal government introduced Law-I on the application of sanctions. Since then, more than 1,000 people and more than 100 companies sanctioned by companies are required to report on any assets, and failure to do so is punishable by law..

However, the success of this event was limited: according to the federal government, only eight people or sanctioned companies reported assets. According to the information, this includes account balances, company investments and securities worth around 577 million euros..

According to the deputy, the oligarchs are in no hurry to report due to the imperfection of the property data system in Germany.

“Land books are not digitized, the transparency register is full of holes, like Swiss cheese. In addition, the situation is aggravated by the shortage of personnel in the authorities and the vagueness of responsibilities,” says Christian Gercke..

The Bundestag recently adopted Law-II on the application of sanctions, and the Bundesrat approved it last week. Among other things, the new law provides for the establishment of a " The goal is also to strengthen the fight against money laundering in the real estate sector..

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As reported, since Russia's full-scale invasion of Ukraine in February and the start of Western sanctions, Switzerland has frozen about 7.5 billion. Swiss francs (7.9 billion. dollars) assets of the Russian Federation.

Recently, Volodymyr Zelensky said that there are many assets in France that belong to Russian oligarchs, and these assets should be frozen and money should be transferred to Ukraine to restore the property of Ukrainians destroyed by Russia.

The idea of \u200b\u200btransferring frozen Russian assets to Ukraine was supported by a number of countries and the EU wants to use them to finance the restoration of Ukraine.