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Even tax havens are beginning to put their foot down against Russia.The Principality of Monaco, a popular destination for the world’s wealthiest and their money, announced on Monday that it was imposing sanctions against Moscow following last week’s invasion of Ukraine, reports Reuters. The penalties will include freezing the assets of a number of Russian citizens.Monaco said it would follow the European Union’s lead to impose the sanctions. The city-state’s royal palace did not reveal whose assets would be frozen, but in a statement, monarch Prince Albert II condemned the invasion, and said that Monaco stood in solidarity with the Ukrainian people. He also called for an immediate ceasefire.
