May 29, 2023
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The Lithuanian authorities have frozen the capital of legal entities and individuals from Russia for a total of €80 million. This was announced on Wednesday, May 3, by Rolandas Kishkis, director of the Lithuanian Financial Crimes Investigation Service (SFCR).

According to him, this year the size of the frozen amount has increased. “There are twice as many reports of suspicious transactions, and the amounts frozen have doubled,” Kishkis stressed. His words quotes TASS.

He noted that the restrictive measures applied by the Lithuanian intelligence service are now being challenged in the courts.

According to information as of December 20 last year, the SFSR applied sanctions to 16 legal entities and individuals: the funds of nine enterprises from Russia, six Belarusian companies and one citizen of the republic were frozen.

Not only in Lithuania, but also in other countries, the assets of Russians and companies from the Russian Federation were frozen for a large amount. In February of this year, it was reported that the Swiss government had blocked Russian assets worth $8.1 billion. In the same month, it became known that the United States, together with its allies in the international REPO task force (engaged in the search and seizure of property associated with the Russian Federation based on sanctions) froze the assets of the Russians for a total of about $58 billion.

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