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Italy seizes two billion euros in assets of Russian oligarchs

Italy seizes two billion euros in assets of Russian oligarchs

Italy has seized assets worth around two billion euros from Russian oligarchs as part of sanctions imposed following Moscow's invasion of Ukraine in 2022, the Italian Financial Police (GDF) announced today.

The seized assets include real estate, cars, yachts, artwork and shares in companies, according to a GDF report published to mark its 252nd anniversary.

The GDF also announced that it had uncovered fraud with Italian and EU funds amounting to over 1.6 billion euros between January 2025 and May 2026.

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