Dutch search for Russian assets continues, MPs want answers

The former minister was appointed national coordinator for sanctions compliance and enforcement on 6 April. He is now in charge of improving the implementation of sanctions and their supervision and deepening the search for important Russian individuals and organisations on the EU’s sanctions list.  [EPA-EFE/OLIVIER HOSLET]

The National Coordinator for Sanctions Compliance and Enforcement, Stef Blok, continues to seize Russian assets but cannot tell lawmakers exactly how much has been collected, Dutch News reports.

The former minister was appointed national coordinator for sanctions compliance and enforcement on 6 April. He is now in charge of improving the implementation of sanctions and their supervision and deepening the search for important Russian individuals and organisations on the EU’s sanctions list.

The European Commission has asked member states to announce how much they have seized in assets, but the results by country have not been made public.

Dutch MPs have been pushing Blok to find out where they rank on this list, but Blok is reluctant to share the information, according to newspaper De Telegraaf.

“In the Netherlands, we have now frozen between €500 million and €600 million in Russian assets,” Blok said on the Foreign Affairs website. “We are not at the bottom of the European ranking with that. Not even at all,” Blok added.

Even so, the amount seized is still below the €80 billion in Russian assets that the Financieele Dagblad suggested are in the Netherlands, according to Dutch News.

Subscribe to our newsletters

Subscribe