Prosecutor General’s Office estimated Russian assets arrested abroad at $900 mln

Prosecutor General’s Office estimated Russian assets arrested abroad at $900 mln
The Prosecutor General’s Office of the Russian Federation

The Russian Prosecutor General's Office estimated the total amount of the Russian assets, which have been arrested abroad, at $900 million.

As reported by Deputy Prosecutor General Sahak Karapetyan during an open international forum of the supervisory authorities, "according to the current exchange rate, its amount is about 60 billion rubles, which is equitable with annual budget of the government entity."

Mr. Karapetyan also noted that during the past two years, the Prosecutor General's Office has arrested assets on foreign bank accounts in the amount of over $400 million. The General Prosecutor’s Office estimated that at least $110 million was returned from Switzerland. This sum also includes Igor Izmestiev’s assets transferred to Russia; in 2010, he was found guilty of organizing an armed criminal group and sentenced to life imprisonment.

Discuss

Recommended

1 / 3