France Seizes Villa Allegedly Owned by Sanctioned Russian Oligarch
French authorities seized a villa worth over $24 million and allegedly owned by a sanctioned Russian oligarch, French newspaper Le Monde reported March 1. The mansion, seized in October, is suspected of belonging to Russian steel magnate Viktor Rashnikov, the…
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
report said. While French authorities had already frozen three properties linked to the oligarch since he was sanctioned in March 2022, this property went unnoticed because it was "not declared to the tax authorities as being his property," the report said.