France preparing to seize Russian assets

French Finance Minister Bruno Le Maire says France is getting ready to seize all assets of Russian officials and business leaders who are being targeted by EU sanctions. Le Maire said France is in the process of listing property including financial assets, real estate, yachts and luxury cars.

French authorities are also seeking to identify other Russian individuals who could be added into the EU list of people targeted by sanctions due to "their proximity with the Russian leadership," he added.

"We will get legal means to seize all these assets," Le Maire said, speaking after a special defense meeting on Ukraine at the Elysee presidential palace.


French Foreign Minister Jean-Yves Le Drian confirmed France will take part in the European effort to bring military equipment to Ukraine, to be sent via a hub in Poland. France will also provide more humanitarian aid to Ukraine in the coming days, he said.