Saturday, November 26, 2022

Federal Council does not want an oligarch task force

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The implementation of the sanctions is the subject of an extraordinary session of both councils in June. In particular, the SP faction calls for the creation of a task force to freeze the funds of wealthy Russian and Belarusian citizens who are on the sanctions list.

However, the Federal Council does not consider the creation of a task force necessary, as it wrote in its response to the initiative published on Thursday. The implementation of the sanctions poses some new challenges for the federal agencies involved. However, the processes between the federal authorities and private companies are well-established and efficient.

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