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From the Liveblog of
Friday, March 4, 2022
Australia freezes $33 million in Russian funds
CANBERRA, Australia — Australia’s foreign minister says 45 million Australian dollars ($33 million) have been frozen in an Australian financial institution under new sanctions in response to the Russian invasion of Ukraine.
Foreign Minister Marise Payne declines to identify the institution or who owned the money.
Australia imposed sanctions against more than 350 Russian individuals including President Vladimir Putin. Australia also targets with sanctions 13 Belarus entities and individuals including Defense Minister Viktor Khrenin.
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