G7 President Putin and Oligarch discuss measures to strengthen asset freeze Participation by top judiciary
Seven G7 = advanced countries such as Japan, the United States, and Germany discussed measures to strengthen asset freezes on Russian rulers as economic sanctions associated with the invasion of Ukraine.
Minister of Finance Suzuki
“It was launched with the aim of promoting cooperation and information exchange between domestic and foreign authorities to put more pressure on Russian rulers.”
In addition to the G7 countries, Australia also participated in the conference, and in addition to the Minister of Finance, the Minister of Justice of the United States and the Minister of Justice Furukawa of Japan also participated. So far, the G7 has been freezing assets to politicians such as President Putin as sanctions on Russia and to the influential people of the emerging conglomerate called “Oligarch” who have an influence on Russia’s political world.
At this meeting, the person in charge of the judicial authorities will also participate, aiming to increase the effectiveness of the asset freeze by blocking sanctions evasion such as asset hiding.
Minister of Finance Suzuki pointed out that “it is necessary to prevent loopholes caused by crypto assets as well as real assets,” and emphasized the importance of cooperation among countries.
